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Federal regulations · Through 2026-08-25 · Newer source version available

25 CFR 225.23: Economic assessments.

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Where this section sits in the code
  1. Title 25—Indians
  2. CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
  3. SUBCHAPTER I—ENERGY AND MINERALS
  4. PART 225—OIL AND GAS, GEOTHERMAL, AND SOLID MINERALS AGREEMENTS
  5. Subpart B—Minerals Agreements

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.

Collected 2026-08-27T02:24:59Z. Source file · JSON

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