With the Emergency Payments ending yesterday with approximately $2 billion paid to 125,000 individuals and businesses in the Gulf, today begins the Final Payment stage which will last until August 23, 2013. Because of a huge flood of last minute emergency claim submissions, the GCCF will need until December 15 to handle all emergency claims that were filed. The GCCF will then turn its attention to the Final Payment phase.
In order to receive a final or interim payment, claimants must complete an interim or Final Payment Form. Claimants do not need to resubmit documentation. Claim forms can be submitted via the internet through the website at www.gulfcoastclaimsfacility.
In order to receive a final payment, which is completely voluntary, claimants must sign a release which, according the Final Protocol: “will waive any rights the claimant may have against BP and any other potentially liable parties to assert additional claims, to file an individual legal action, to participate in other legal actions associated with the Spill, or to submit any claim for payment by the National Pollution Funds Center.”
Interim payments cover only substantiated, past damages. An Interim Payment does not cover any future damages. An interim claim may not be submitted more frequently than once per quarterly period, unless the claimant can demonstrate the presence of pressing circumstances, in which case an Interim Claim may be submitted more than once every quarter. An interim claim for the first quarter may be submitted up to and including December 31. An Interim Claim for the second quarter may be submitted up to and including March 31, third quarter submitted up to and including June 30 and fourth quarter, up to and including September 30.
There will be a limited nonbinding GCCF appeals process for those claimants who receive compensation in excess of $250,000 but believe it was inadequate. All claimants will be able to appeal their GCCF awards, regardless of amount, to the Coast Guard and the Federal Court pursuant to existing law. Also released today is a comprehensive Memorandum of Law by noted Harvard Professor John C.P. Goldberg (available at www.gulfcoastclaimsfacility.
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