Cape Barnabas Inc., the CQE for the community of Old Harbor, has the longest history of owning halibut quota and leasing it to their community residents. What can be learned from their experience and business practice?
- How did they set up their basic organizational structure?
- How did they decide who would fish the halibut quota (i.e. the allocation question)? How were lease rates set?
- How did they insure that no quota remained unfished without upsetting lease agreements?
- What are the requirements for reporting CQE fishing and business activity to NMFS?
These and other questions are addressed in the Halibut Community Quota Entities Management Manual
CQE’s – Individual Fishing Quota & Charter Halibut Permits Management Manual June 2012 (complete)
Management Manual By – Sections
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Contents……………………………………………..Page 2
- Community Quota Entities…………………..Page 3
- Organizational Management…………………Page 4
- Allocation……………………………………………Page 4-5
- Lease Negotiation………………………………..Page 6
- Lease Follow – Up………………………………..Page 7
- Reports Requirements…………………………Page 8
- Appendix A Eligible Communities……….Page A-1
- Appendix B Annual Report Template……Page B-1
- Appendix C Lease Application Template for Charter Halibut Permit………Page C-1
- Business Plan Calculator – Account for loan terms, lease rates, quota prices and more.
- Amending the IFQ Program
Regulations:
- The final rule (69 FR 23681) can be found in its entirety at: http://www.fakr.noaa.gov/frules/fr23681.pdf
- IFQ program regulations can be found at: http://www.fakr.noaa.gov/regs/default.htm
- CHLAP regulations can be found at: http://www.fakr.noaa.gov/sustainablefisheries/halibut/sport.htm
- Final Rule to Implement IFQ Community Quota
- Full IFQ Program Regulations
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