Alaska Settlement Agreement
CFDA 15.431 Active
Direct Payments with Unrestricted Use
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Program Objective
ONRR shares 100 percent with the State of Alaska to be paid monthly subject to late disbursement interest for contracts, leases, permits, rights-of-way, or easements under Section 6(h) of the Alaska Statehood Act.
Eligibility
Eligible Applicants
- State
Revenue from effected leases will trigger automatic payment distribution computed in accordance with the law.
Beneficiaries
- 4
Limited to Leases A-028056, A-028063, A-028135, A-028143, A-028103, A-028140, A-19230, A028055, and A-028047.
How to Apply
Application Procedure
No application is necessary.
Award Procedure
Automatic distribution is made as authorized by law.
Program details & compliance
Use of Funds
Allowed Uses
No specific restrictions on use.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart F — Audit Requirements
Contacts
Director
(202) 513-0600
Office of Natural Resources Revenue, 1849 C Street, NW, Mail Stop 4211, Washington, DC 20240