Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle B - Regulations Relating to Public Lands |
Chapter II - Bureau of Land Management, Department of the Interior |
SubChapter C - Minerals Management (3000) |
Part 3200 - Geothermal Resource Leasing |
Subpart 3273 - How To Apply for a Site License |
§ 3273.19 - What are the bonding requirements for a site license?
Latest version.
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§ 3273.19 What are the bonding requirements for a site license?
(a) For an electrical generation facility, the facility operator must submit a surety or personal bond to BLM for at least $100,000 that meets the requirements of subpart 3214.BLM may increase the required bond amount. See subparts 3214 and 3215 for additional details on bonding procedures.
(b) For a direct use facility, the facility operator must submit a surety or personal bond to BLM that meets the requirements of subpart 3214 in an amount BLM will specify.
(c) The bond's terms must cover compliance with the requirements of § 3200.4.
(d) Until BLM approves your bond, do not start construction, testing, or any other activity that would disturb the surface.