30 CFR 585.501 - What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?

Regulations most recently checked for updates: Aug 28, 2025

§ 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.