30 CFR 585.501 - What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?

Regulations last checked for updates: Oct 18, 2024

Title 30 - Mineral Resources last revised: Oct 03, 2024

§ 585.501 - What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?

(a) For a competitively issued lease or grant, BOEM may require a bid deposit before the auction as established in the FSN.

(b) The provisional winner of a lease must pay the balance of its accepted bid in accordance with § 585.225.

authority: 43 U.S.C. 1337.

source: 88 FR 6430, Jan. 31, 2023, unless otherwise noted.

cite as: 30 CFR 585.501