Magnuson-Stevens Act Provisions; Fishing Capacity Reduction Program for the Crab Species Covered by the Fishery Management Plan for the Bering Sea/Aleutian Islands King and Tanner Crabs

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NMFS issues this notice to inform the public about tendering reduction payments to accepted bidders under the Bering Sea/Aleutian Islands King and Tanner Crab fishing capacity reduction program. NMFS has accepted reduction bids, and a successful referendum has approved an industry fee system for repaying the $97.4 million reduction loan financing 100 percent of the program's cost. Accordingly, NMFS is preparing to tender reduction payments to accepted bidders.