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Code · CFR · Title 30 — Mineral Resources · Part 586 · § 586.107

§ 586.107. Who can hold a grant under this part?

296 words·~1 min read·/us/cfr/t30/s§ 586.107·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)You may hold a grant under this part if you can demonstrate that you have the technical and financial capabilities to conduct the activities authorized by the grant and you are a(n):
(1)Citizen or national of the United States;
(2)Alien lawfully admitted for permanent residence in the United States as defined in 8 U.S.C. 1101(a)(20);
(3)Private, public, or municipal corporations organized under the laws of any State of the United States, the District of Columbia, or any territory or insular possession subject to U.S. jurisdiction;
(4)Association of such citizens, nationals, resident aliens, or corporations;
(5)Executive agency of the United States as defined in section 105 of Title 5 of the U.S. Code;
(6)State of the United States; or
(7)Political subdivision of a State of the United States.
(b)You may not hold a grant under this part or acquire an interest in a grant under this part if:
(1)You or your principals are excluded or disqualified from participating in transactions covered by the Federal non-procurement debarment and suspension system (2 CFR part 1400), unless BOEM explicitly has approved an exception for this transaction;
(2)BOEM determines or has previously determined after notice and opportunity for a hearing that you or your principals have failed to meet or exercise due diligence under any OCS lease or grant; or
(3)BOEM determines or has previously determined after notice and opportunity for a hearing that you:
(i)Remained in violation of the terms and conditions of any lease or grant issued under the OCS Lands Act for a period extending longer than 30 days (or such other period allowed for compliance) BSEE directed you to comply; and
(ii)You took no action to correct the noncompliance within that time period.
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  • 2 CFR 1400
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§ 586.107
Who can hold a grant under this part?
Cite2 CFR 1400
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