1. Regulations
  2. title 30
  3. chapter V
  4. part 585
  5. subpart F
  6. subjgrp 326
  7. § 585.501

View all text of Subjgrp 326 [§ 585.500 - § 585.515]

§ 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.

AUTHORITY: 43 U.S.C. 1337.

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

CITE AS: 30 CFR 585.501