Pandemic Assistance for Cotton Merchandisers (PACM)

 

The Pandemic Assistance for Cotton Merchandisers (PACM) program, considering COVID-19 and other supply chain disruptions, provides $100 million to cotton merchandisers.

Active 10.191 Agricultural Marketing Service, Department of Agriculture D - Direct Payments With Unrestricted Use Not applicable. Consolidated Appropriations Act 2023, Part Division HH, Section 601
Consolidated Appropriations Act 2021, Part Division N, Section 751 Anyone who purchased cotton from, or marketed cotton on behalf of, a United States cotton producer from March 1, 2020 through December 29, 2022. Not applicable. Potential recipients must be cotton merchandisers that market, sell, or trade cotton to end users. Cotton must have been purchased from, or marketed on behalf of, a United States cotton producer from March 1, 2020 through December 29, 2022. Documentation and Applications must be submitted in accordance with regulations established by the Secretary. Preapplication coordination is required. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. 1. Claimant verifies (or obtains) an active registration with SAM.gov 2. Claimant submits application and supporting documentation 3. AMS compiles all claim information and begins validation 4. AMS adjudicates any discrepancies found in the claims 5. AMS calculates the payment rate by dividing $99 million by the number of eligible bales 6. AMS submits payment request to Farm Production and Conservation Business Center 7. Claimants receive payment Applications are approved by AMS upon determination that the applicant and claimed cotton are eligible. Contact the headquarters or regional location, as appropriate for application deadlines From 60 to 90 days. From 1 to 15 days. Appeals will be processed in accordance with the terms and conditions, and conditions set by the Secretary. Not applicable. Not applicable. Assistance use is unrestricted. Not applicable. Claimants may be audited to confirm the validity of their submission. Anticipated audit elements include, Permanent Bale Identification Number, Crop Year, Purchase Contract, Marketing Agreement, Shipping Date, Sales Date, Vessel (if export) or Domestic User (if domestic). Relevant records must be retained for a period not shorter than 7 years from the date of application. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. Assistance will be provided in a lump sum at the conclusion of the claim submission, validation, and adjudication process. Funds must be disbursed prior to December 29, 2023. Method of awarding/releasing assistance: Lump. Cotton Programs Section License and Storage Contract Branch PO Box 419205, MS 9148 Kansas City, MO 64131 Email: PACM@usda.gov Phone: 816-926-6474 Dan Schofer, Program Manager
Warehouse and Commodity Management Division
Fair Trade Practices Program
Agricultural Marketing Service
1400 Independence Avenue, SW
Washington, DC 20250 USA
Dan.Schofer@usda.gov
Phone: 202-690-2434 https://www.ams.usda.gov/services/warehouse/cotton-program 12-0115-1-2-351 (Direct Payments with Unrestricted Use) FY 22$0.00; FY 23 est $375,000.00; FY 24 est $100,375,000.00; - Funding for this program is made available without regard to fiscal year, but expires on December 29, 2023. Not applicable/available. Consolidated Appropriations Act, 2023 (Pub. L. 117-328) Division HH, Section 601; Consolidated Appropriations Act, 2021 (Pub. L. 116-260) Division N, Section 751 Not applicable.