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Title 30 - Mineral Resources
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CHAPTER II—MINERALS MANAGEMENT SERVICE, DEPARTMENT OF THE INTERIOR
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SUBCHAPTER B—OFFSHORE (parts 250 to 285)
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PART 285—RENEWABLE ENERGY ALTERNATE USES OF EXISTING FACILITIES ON THE OUTER CONTINENTAL SHELF
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SUBPART E—Payments and Financial Assurance Requirements (§285.500 to §285.543)
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SUBPART E—Payments and Financial Assurance Requirements (§285.500 to §285.543)
285.500—How do I make payments under this part?
285.501—What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?
285.502—What initial payment requirements must I meet to obtain a noncompetitive lease, ROW grant, or RUE grant?
285.503—What are the rent and operating fee requirements for a commercial lease?
285.504—How are my payments affected if I develop my lease in phases?
285.505—What are the rent and operating fee requirements for a limited lease?
285.506—What operating fees must I pay on a commercial lease?
285.507—What rent payments must I pay on a project easement?
285.508—What rent payments must I pay on ROW grants or RUE grants associated with renewable energy projects?
285.509—Who is responsible for submitting lease or grant payments to MMS?
285.510—May MMS reduce or waive my lease or grant payments?
285.515—What financial assurance must I provide when I obtain my commercial lease?
285.516—What are the financial assurance requirements for each stage of my commercial lease?
285.517—How will MMS determine the amounts of the supplemental and decommissioning financial assurance requirements associated with commercial leases?
285.520—What financial assurance must I provide when I obtain my limited lease, ROW grant, or RUE grant?
285.521—Do my financial assurance requirements change as activities progress on my limited lease or grant?
285.525—What general requirements must a financial assurance instrument meet?
285.526—What instruments other than a surety bond may I use to meet the financial assurance requirement?
285.527—May I demonstrate financial strength and reliability to meet the financial assurance requirement for lease or grant activities?
285.528—May I use a third-party guaranty to meet the financial assurance requirement for lease or grant activities?
285.529—Can I use a lease- or grant-specific decommissioning account to meet the financial assurance requirements related to decommissioning?
285.530—What must I do if my financial assurance lapses?
285.531—What happens if the value of my financial assurance is reduced?
285.532—What happens if my surety wants to terminate the period of liability of my bond?
285.533—How does my surety obtain cancellation of my bond?
285.534—When may MMS cancel my bond?
285.535—Why might MMS call for forfeiture of my bond?
285.536—How will I be notified of a call for forfeiture?
285.537—How will MMS proceed once my bond or other security is forfeited?
285.540—How will MMS equitably distribute revenues to States?
285.541—What is a qualified project for revenue sharing purposes?
285.542—What makes a State eligible for payment of revenues?
285.543—Example of how the inverse distance formula works.
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