§48.108. How will the Bureau determine appropriate consideration for a lease?

25 C.F.R. § 48.108

The Bureau will determine what consideration is appropriate for a lease by considering, at a minimum, the following factors:

(a)

Fair market value and the indirect and direct costs of the lease; and

(b)

Whether there will be a net financial benefit to the school.

Notes, amendments, and revision history

Authority: 5 U.S.C. 301; 25 U.S.C. 2, 9; Pub. L. 112-74; Pub. L. 113-235; Pub. L. 114-113.

Source: 86 FR 34947, July 1, 2021, unless otherwise noted.