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

30 C.F.R. § 585.501

(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.

Notes, amendments, and revision history

Source: 89 FR 42740, May 15, 2024, unless otherwise noted.

Authority: 43 U.S.C. 1337.

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