---
kind: "section"
citation: "25 C.F.R. § 225.23"
title: "25"
number: "225.23"
heading: "Economic assessments."
url: "https://uscodex.org/cfr/25/225.23"
---

# §225.23. Economic assessments.


The Secretary shall prepare or cause to be prepared an economic assessment that shall address, among other things:

- (a) Whether there are assurances in the minerals agreement that operations shall be conducted with appropriate diligence;
- (b) Whether the production royalties or other form of return on mineral resources is adequate; and
- (c) Whether the minerals agreement is likely to provide the Indian mineral owner with a return on the production comparable to what the owner might otherwise obtain through competitive bidding, when such a comparison can reasonably be made.

## Notes

### Authority

Authority: 25 U.S.C. 2, 9, and 2101-2108; and Sec. 701, Pub. L. 114-74, 129 Stat. 599.

### Source

Source: 59 FR 14971, Mar. 30, 1994, unless otherwise noted.