Direct allocations will be given to the District of Columbia, the Potomac River Fisheries Commission, Atlantic Coastal States, and the Atlantic States Marine Fisheries Commission, pursuant to NOAA'S discretion in accordance with the Statute. Awards are normally for a 12 month period but in some instances, award periods may extend beyond 12 months, or may be completed in less than 12 months. Funds can be provided to the Commission and to the specified States for the preparation, implementation and enforcement of coastal fishery management plans and State activities required within such plans. Reporting requirements are outlined in the Terms and Conditions of the Financial Assistance Award. Progress reports summarize work accomplished and explain situations where expected work has not been completed.
Financial reports indicate use of funds during the six-month period.
Commercial organizations shall be subject to the audit requirements as stipulated in the award document. All records must be maintained for a period of 3 years from the date of the final financial status report for each award.