Beta© 2026 Adaptrex, LLC
Beta© 2026 Adaptrex, LLC
Federal grant · cooperative agreement (b)
Purpose: the Ocean Foundation Will Implement Large Scale Impactful Removals of Lost or Abandoned Derelict Fishing Gear With Local Coastal Fishing Communities. During the 4-YEAR Project Duration a Total of 200 Removals Will Remove an Estimated 160,000 LBS of Debris From the Sea Floor. as Part of the Prevention Strategy to Reduce Derelict Fishing Gear, Outreach and Education Activities Will Be Developed in Partnership With Local Fishers and Dner Rangers as a Major Outreach and Education Component Coupled With an Alternative Innovative Disposal Method. a Fishing Gear (TRAPS) Trade-in Program Will Be Implemented in Coordination With Legal Trap Regulation Educational Outreach to Prevent and Deter the Use of Illegal Fishing Traps and the Reaccumulation of Marine Debris Into the Future. Lastly, an Alternative Disposal Method for Illegal Fishing Gear Will Be Piloted in Partnership With Reciclaje Del Norte Inc. and El Museo Del Reciclaje to Create Marine Debris Into Recycled Plastic Pellets and Begin the Venture Into the Circular Economy for Plastics in the Us Caribbean.
Committed
$847,881
Paid out
$509.2K
60%
Committed, not yet paid
$338.7K
40%
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Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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