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Code of Federal Regulations (Last Updated: November 8, 2024) |
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Title 30 - Mineral Resources |
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Chapter V - Bureau of Ocean Energy Management, Department of the Interior |
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SubChapter B - Offshore |
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Part 583 - Negotiated Noncompetitive Agreements for the Use of Outer Continental Shelf Sand, Gravel, and/or Shell Resources |
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Subpart C - Outer Continental Shelf Sand, Gravel, and/or Shell Resources Negotiated Agreements |
§ 583.320 - What kinds of information must be included in an agreement?
Latest version.
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§ 583.320 What kinds of information must be included in an agreement?
Every agreement is negotiated on a case-by-case basis, but at a minimum, must include:
(a) An agreement number, as assigned by BOEM;
(b) The purpose of, and authorities for, the agreement;
(c) Designated and delineated borrow area(s);
(d) A project description, including the timeframe within which the project is to be started and completed;
(e) The terms and conditions of the agreement, including any reporting requirements, environmental mitigations, and operating parameters;
(f) All obligations of the parties; and
(g) The signatures of appropriate individuals authorized to bind the applicant and BOEM.