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Fisherman's Contingency Fund

undefined Fisherman's Contingency Fund?


The Fishermen's Contingency Fund (FCF) was established to compensate fishermen for economic and property losses caused by oil and gas obstructions on the U.S. Outer Continental Shelf. The fund was established in the U.S. Department of the Treasury, without fiscal year limitation, as a revolving fund comprised of assessments paid by offshore oil and gas interests. Compensation for economic loss is based on 50 percent of gross income lost, rather than loss of profits.

The Fishermen's Contingency Fund (FCF) was established to compensate fishermen for economic and property losses caused by oil and gas obstructions on the U.S. Outer Continental Shelf. The fund was established in the U.S. Department of the Treasury, without fiscal year limitation, as a revolving fund comprised of assessments paid by offshore oil and gas interests. Compensation for economic loss is based on 50 percent of gross income lost, rather than loss of profits.

undefined Fisherman's Contingency Fund?


To be eligible for this benefit program, you must be a commercial fisherman and a U.S. citizen. You must be able to prove that you suffered losses in income due to inability or reduced capacity to fish because of the damage sustained from oil or gas obstruction.

undefined Fisherman's Contingency Fund?


The FCF requires commercial fishermen to file a report to the National Marine Fisheries Service within 15 days after the date on which the vessel first returns to port after discovering the damage or loss in order to gain presumption of causation. After this initial report is filed, a claim must be submitted within 90 days of the date the loss or damage was discovered. Claims should include specific vessel and crew information, a full statement of the circumstances concerning the damage or loss, the amount claimed for property damage or loss, a full statement of the type and extent of damage, and the amount claimed, with supporting documentation, for any economic loss.


For more information, visit the FCF Program page.

Or call:
301-427-8725

You may also write to:
FCF Program
Financial Services Division (F/MB5)
National Marine Fisheries Service
1315 East West Highway
Silver Spring, MD 20910