{"data":{"id":"us/25-cfr-162.512","jurisdiction":"us","citation":"25 CFR 162.512","heading":"How long may the term of a WEEL run?","body":"(a) A WEEL must provide for a definite term, state if there is an option to renew and if so, provide for a definite term for the renewal period. WEELs are for project evaluation purposes, and therefore may have:\n(1) An initial term that is no longer than 3 years; and\n(2) One renewal period not to exceed 3 years.\n(b) The exercise of the option to renew must be in writing and the WEEL must specify:\n(1) The time and manner in which the option must be exercised or is automatically effective;\n(2) That confirmation of the renewal will be submitted to us, unless the WEEL provides for automatic renewal; and\n(3) Additional consideration, if any, that will be due upon the exercise of the option to renew or the start of the renewal term.","path":["Title 25—Indians","CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR","SUBCHAPTER H—LAND AND WATER","PART 162—LEASES AND PERMITS","Subpart E—Wind and Solar Resource Leases"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-25.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:59Z","sha256":"2cfe4adc4b0a5fdb412c038dcd8b1476451775f3d49af9b0bfa1bfd9d45a28ee","source_id":"us-cfr","stale":true,"prev":"us/25-cfr-162.511","next":"us/25-cfr-162.513"},"notice":"GroundRules: Original legal text. Not legal advice."}
