Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 30 - Mineral Resources |
Chapter V - Bureau of Ocean Energy Management, Department of the Interior |
SubChapter B - Offshore |
Part 585 - Renewable Energy and Alternate Uses of Existing Facilities on the Outer Continental Shelf |
Subpart E - Payments and Financial Assurance Requirements |
Changes in Financial Assurance |
§ 585.530 - What must I do if my financial assurance lapses? |
§ 585.531 - What happens if the value of my financial assurance is reduced? |
§ 585.532 - What happens if my surety wants to terminate the period of liability of my bond? |
§ 585.536 - How will I be notified of a call for forfeiture? |
§ 585.537 - How will BOEM proceed once my bond or other security is forfeited? |
§§ 585.538--585.539 - [Reserved] |
Financial Assurance for Limited Leases, Row Grants, and Rue Grants |
§ 585.520 - What financial assurance must I provide when I obtain my limited lease, ROW grant, or RUE grant? |
§ 585.521 - Do my financial assurance requirements change as activities progress on my limited lease or grant? |
§§ 585.522--585.524 - [Reserved] |
Requirements for Financial Assurance Instruments |
§ 585.525 - What general requirements must a financial assurance instrument meet? |
§ 585.526 - What instruments other than a surety bond may I use to meet the financial assurance requirement? |
§ 585.527 - May I demonstrate financial strength and reliability to meet the financial assurance requirement for lease or grant activities? |
§ 585.528 - May I use a third-party guaranty to meet the financial assurance requirement for lease or grant activities? |
§ 585.529 - Can I use a lease- or grant-specific decommissioning account to meet the financial assurance requirements related to decommissioning? |
§ 585.533 - How does my surety obtain cancellation of my bond? |
§ 585.534 - When may BOEM cancel my bond? |
§ 585.535 - Why might BOEM call for forfeiture of my bond? |
Revenue Sharing With States |
§ 585.540 - How will BOEM equitably distribute revenues to States? |
§ 585.541 - What is a qualified project for revenue sharing purposes? |
§ 585.542 - What makes a State eligible for payment of revenues? |
§ 585.543 - Example of how the inverse distance formula works. |
Payments |
§ 585.500 - How do I make payments under this part? |
§ 585.501 - What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant? |
§ 585.502 - What initial payment requirements must I meet to obtain a noncompetitive lease, ROW grant, or RUE grant? |
§ 585.503 - What are the rent and operating fee requirements for a commercial lease? |
§ 585.504 - How are my payments affected if I develop my lease in phases? |
§ 585.505 - What are the rent and operating fee requirements for a limited lease? |
§ 585.506 - What operating fees must I pay on a commercial lease? |
§ 585.507 - What rent payments must I pay on a project easement? |
§ 585.508 - What rent payments must I pay on ROW grants or RUE grants associated with renewable energy projects? |
§ 585.509 - Who is responsible for submitting lease or grant payments to ONRR? |
§ 585.510 - May BOEM reduce or waive my lease or grant payments? |
§§ 585.511--585.514 - [Reserved] |
Financial Assurance Requirements for Commercial Leases |
§ 585.515 - What financial assurance must I provide when I obtain my commercial lease? |
§ 585.516 - What are the financial assurance requirements for each stage of my commercial lease? |
§ 585.517 - How will BOEM determine the amounts of the supplemental and decommissioning financial assurance requirements associated with commercial leases? |
§§ 585.518--585.519 - [Reserved] |