---
kind: "section"
citation: "30 C.F.R. § 585.429"
title: "30"
number: "585.429"
heading: "What criteria will BOEM consider in deciding whether to renew a lease or grant?"
url: "https://uscodex.org/cfr/30/585.429"
---

# §585.429. What criteria will BOEM consider in deciding whether to renew a lease or grant?


BOEM will consider the following criteria in deciding whether to renew a lease or grant:

- (a) **Design life of existing technology.**
- (b) **Availability and feasibility of new technology.**
- (c) **Environmental and safety record of the lessee or grantee.**
- (d) **Operational and financial compliance record of the lessee or grantee.**
- (e) **Competitive interest and fair return considerations.**
- (f) Effects of the lease or grant on generation capacity and reliability within the regional electrical distribution and transmission system.
- (g) **Other relevant factors, as appropriate.**

## Notes

### Source

Source: 89 FR 42736, May 15, 2024, unless otherwise noted.

### Authority

Authority: 43 U.S.C. 1337.

### Source

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