GroundRules
30 CFR 585.501: What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?
Where this section sits in the code
- Title 30—Mineral Resources
- CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER B—OFFSHORE
- PART 585—RENEWABLE ENERGY ON THE OUTER CONTINENTAL SHELF
- Subpart F—Payments and Financial Assurance Requirements
(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.
Collected 2026-08-27T02:25:24Z. Source file · JSON