Title 30

PART 585 SUBPART E

Subpart E - Payments and Financial Assurance Requirements

• Section 104, Public Law 97-451, 96 Stat. 2451 (30 U.S.C. 1714), Public Law 109-432, Div C, Title I, 120 Stat. 3000; 30 U.S.C. 1751; 31 U.S.C. 9701; 43 U.S.C. 1334; 33 U.S.C. 2704, 2716; E.O. 12777, as amended; 43 U.S.C. 1331 et seq., 43 U.S.C. 1337.
• 76 FR 64623, Oct. 18, 2011, unless otherwise noted.

30:2.0.3.5.13.5.291	SUBJGRP 291	Payments
30:2.0.3.5.13.5.291.1	SECTION 585.500	585.500 How do I make payments under this part
30:2.0.3.5.13.5.291.2	SECTION 585.501	585.501 What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant
30:2.0.3.5.13.5.291.3	SECTION 585.502	585.502 What initial payment requirements must I meet to obtain a noncompetitive lease, ROW grant, or RUE grant
30:2.0.3.5.13.5.291.4	SECTION 585.503	585.503 What are the rent and operating fee requirements for a commercial lease
30:2.0.3.5.13.5.291.5	SECTION 585.504	585.504 How are my payments affected if I develop my lease in phases
30:2.0.3.5.13.5.291.6	SECTION 585.505	585.505 What are the rent and operating fee requirements for a limited lease
30:2.0.3.5.13.5.291.7	SECTION 585.506	585.506 What operating fees must I pay on a commercial lease
30:2.0.3.5.13.5.291.8	SECTION 585.507	585.507 What rent payments must I pay on a project easement
30:2.0.3.5.13.5.291.9	SECTION 585.508	585.508 What rent payments must I pay on ROW grants or RUE grants associated with renewable energy projects
30:2.0.3.5.13.5.291.10	SECTION 585.509	585.509 Who is responsible for submitting lease or grant payments to BOEM
30:2.0.3.5.13.5.291.11	SECTION 585.510	585.510 May BOEM reduce or waive my lease or grant payments
30:2.0.3.5.13.5.291.12	SECTION 585.511-585.514	585.511-585.514 [Reserved]
30:2.0.3.5.13.5.292	SUBJGRP 292	Financial Assurance Requirements for Commercial Leases
30:2.0.3.5.13.5.292.13	SECTION 585.515	585.515 What financial assurance must I provide when I obtain my commercial lease
30:2.0.3.5.13.5.292.14	SECTION 585.516	585.516 What are the financial assurance requirements for each stage of my commercial lease
30:2.0.3.5.13.5.292.15	SECTION 585.517	585.517 How will BOEM determine the amounts of the supplemental and decommissioning financial assurance requirements associated with commercial leases
30:2.0.3.5.13.5.292.16	SECTION 585.518-585.519	585.518-585.519 [Reserved]
30:2.0.3.5.13.5.293	SUBJGRP 293	Financial Assurance for Limited Leases, ROW Grants, and RUE Grants
30:2.0.3.5.13.5.293.17	SECTION 585.520	585.520 What financial assurance must I provide when I obtain my limited lease, ROW grant, or RUE grant
30:2.0.3.5.13.5.293.18	SECTION 585.521	585.521 Do my financial assurance requirements change as activities progress on my limited lease or grant
30:2.0.3.5.13.5.293.19	SECTION 585.522-585.524	585.522-585.524 [Reserved]
30:2.0.3.5.13.5.294	SUBJGRP 294	Requirements for Financial Assurance Instruments
30:2.0.3.5.13.5.294.20	SECTION 585.525	585.525 What general requirements must a financial assurance instrument meet
30:2.0.3.5.13.5.294.21	SECTION 585.526	585.526 What instruments other than a surety bond may I use to meet the financial assurance requirement
30:2.0.3.5.13.5.294.22	SECTION 585.527	585.527 May I demonstrate financial strength and reliability to meet the financial assurance requirement for lease or grant activities
30:2.0.3.5.13.5.294.23	SECTION 585.528	585.528 May I use a third-party guaranty to meet the financial assurance requirement for lease or grant activities
30:2.0.3.5.13.5.294.24	SECTION 585.529	585.529 Can I use a lease- or grant-specific decommissioning account to meet the financial assurance requirements related to decommissioning
30:2.0.3.5.13.5.295	SUBJGRP 295	Changes in Financial Assurance
30:2.0.3.5.13.5.295.25	SECTION 585.530	585.530 What must I do if my financial assurance lapses
30:2.0.3.5.13.5.295.26	SECTION 585.531	585.531 What happens if the value of my financial assurance is reduced
30:2.0.3.5.13.5.295.27	SECTION 585.532	585.532 What happens if my surety wants to terminate the period of liability of my bond
30:2.0.3.5.13.5.295.28	SECTION 585.533	585.533 How does my surety obtain cancellation of my bond
30:2.0.3.5.13.5.295.29	SECTION 585.534	585.534 When may BOEM cancel my bond
30:2.0.3.5.13.5.295.30	SECTION 585.535	585.535 Why might BOEM call for forfeiture of my bond
30:2.0.3.5.13.5.295.31	SECTION 585.536	585.536 How will I be notified of a call for forfeiture
30:2.0.3.5.13.5.295.32	SECTION 585.537	585.537 How will BOEM proceed once my bond or other security is forfeited
30:2.0.3.5.13.5.295.33	SECTION 585.538-585.539	585.538-585.539 [Reserved]
30:2.0.3.5.13.5.296	SUBJGRP 296	Revenue Sharing With States
30:2.0.3.5.13.5.296.34	SECTION 585.540	585.540 How will BOEM equitably distribute revenues to States
30:2.0.3.5.13.5.296.35	SECTION 585.541	585.541 What is a qualified project for revenue sharing purposes
30:2.0.3.5.13.5.296.36	SECTION 585.542	585.542 What makes a State eligible for payment of revenues
30:2.0.3.5.13.5.296.37	SECTION 585.543	585.543 Example of how the inverse distance formula works.

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