§ 585.501. What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?
42 words·~1 min read·
/us/cfr/t30/s§ 585.501·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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.