How to apply...
Application Procedure:
Not applicable. See the Uses and Use Restrictions section above. This program is excluded from coverage under OMB Circular Nos. A-102 and A-110.
Note: Each program will indicate whether applications are to be submitted to the Federal headquarters, regional or local office, or to a State or local government office.
Award Procedure:
See the Uses and Use Restrictions section above. The Office of Insurance and Shipping Analysis reviews applications and determines that ODS may be paid if: (1) the operation is required to meet foreign competition; (2) the applicant owns, leases, can or will build competitive vessels; (3) the applicant possesses the ability, experience and financial resources necessary to conduct the operation; and (4) the granting of aid is necessary to place the proposed operation on a parity with foreign competition. Award decisions are approved by the Maritime Subsidy Board who will then notify operator of award.
Note: Grant payments may be made by a letter of credit, advance by Treasury check, or reimbursement by Treasury check.
Awards may be made by the headquarters office directly to the applicant, an agency field office, a regional office,
or by an authorized county office. The assistance may pass through the initial applicant for further distribution by
intermediate level applicants to groups or individuals in the private sector.