25 CFR 225.23: Economic assessments.
Where this section sits in the code
- Title 25—Indians
- CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER I—ENERGY AND MINERALS
- PART 225—OIL AND GAS, GEOTHERMAL, AND SOLID MINERALS AGREEMENTS
- 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