---
kind: "section"
citation: "30 C.F.R. § 585.501"
title: "30"
number: "585.501"
heading: "What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?"
url: "https://uscodex.org/cfr/30/585.501"
---

# §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](/cfr/30/585.225.md).

## Notes

### Source

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

### Authority

Authority: 43 U.S.C. 1337.

### Source

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