30 CFR §585.520
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Before BOEM will execute your limited lease, ROW grant, or RUE grant, or approve an assignment of an interest therein, you or a proposed assignee must guarantee compliance with all terms and conditions of the lease or grant by providing a bond or other authorized financial assurance in the amount of 12 months' rent.