Current through September 30, 2024
Section 166.601 - How is the amount of the bond determined?(a) The amount of the bond for each permit is based on the: (1) Value of one year's grazing rental payment;(2) Value of any improvements to be constructed;(3) Cost of performance of any additional obligations; and(4) Cost of performance of restoration and reclamation.(b) Tribal policy made applicable by § 166.100 of this part may establish or waive specific bond requirements for permits.