43 CFR §3602.24
- (a)You may not assign the contract or any interest therein unless BLM approves the transfer in writing.
- (b)BLM will not approve your proposed assignment of contract, unless—
- (1)Your assignee—
- (i)Furnishes a financial guarantee as required by § 3602.14; or
- (ii)Obtains a written commitment from the previous surety that it will be bound by the assignment when BLM approves it; and
- (2)The assignment contains all the terms and conditions in your contract.