StacksVerified U.S. regulatory reference

36 CFR §228.66

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Upon termination of any contract, payments in excess of $10 may be refunded, less the costs incurred by the United States, under any of the following conditions:
  1. (a)Payment in excess of value. If the total payment exceeds the value of the mineral material removed, unless it is the minimum annual payment in lieu of production;
  2. (b)Insufficiency of material. If insufficient mineral material existed in the sale area to provide the quantity of material estimated to have been available;
  3. (c)Cancellation.
    1. (1)If the contract is cancelled by the authorized officer for reasons which are beyond the purchaser's control; or
    2. (2)If the contract is cancelled by mutual agreement. This refund provision is not a warranty that a specific quantity of material exists in the sale area.