Go back
Go back
Published:  
Feb 28, 2024
Lifestyle

Vineyard Wind 1 Fisheries Compensatory Mitigation Program

The Vineyard Wind 1 fisheries compensatory mitigation program was created to provide fair, equitable compensation to commercial fishing vessels/operators for economic losses attributable to Vineyard Wind 1’s construction, operations, and decommissioning activities. Compensation may also be available to shoreside businesses in Massachusetts and Rhode Island.

To receive compensation, commercial fishing vessel owners/operators must first qualify for the program during a 90-day eligibility period. Annual compensation payments will begin to be issued to eligible applicants after they qualify. A separate eligibility period will be available for shoreside businesses in Massachusetts and Rhode Island once the eligibility period for commercial fishing vessel owners/operators closes. Potentially eligible shoreside businesses in Massachusetts and Rhode Island will be contacted by the program’s third-party administrator and invited to apply for the program.

Deadline for applications is June 3,2024

View all articles
View all articles
Keeping you informed in projects meeting local content requirements

Local Content is the Next Compliance Asset Class

LocalContent.com™ transforms how public and private sector projects meet local and domestic content requirements—with technology, data, and certification solutions that build trust, unlock funding, and prove community value.

Get Certified
Get Certified