Gulf residents are eagerly awaiting the final payment instructions from Ken Feinberg and the Gulf Coast Claims Facility which are expected to be released Friday. According to the GCCF website, the documents will be available on the web and will be mailed to claimants by Friday, December 17th.
The GCCF has promised greater transparency with the final claim process after severe critizism from local government and businesses after they were inundated with emergency claims over the past few months. While many individuals and businesses received emergency money, thousands of deserving others have yet to receive a cent.
The GCCF has not been forthcoming with how they determine payouts and have failed in many cases to provide a reason for a denial of a claim. The information being released Friday should provide some insight into the process.
Individuals and businesses will be able to choose from a lump final payment, intermin payments or a final “quick payment” option as well. The “quick payment” does not require individuals or businesses to submit further documentation. If claimaints choose this option, individuals will be paid $5,000 and businesses will receive $25,000. This is a final payment and the right to sue BP will be waived.