30 C.F.R. § 585.500

Current through October 31, 2024
Section 585.500 - How do I make payments under this part?
(a) For acquisition fees or the initial 12 months' rent paid for the preliminary period of your lease, you must make your electronic payments through the Fees for Services page on the BOEM website at https://www.boem.gov, and you must include one copy of the Pay.gov confirmation receipt page with your unsolicited request.
(b) For all other required rent payments and for operating fee payments, you must make your payments as required in 30 CFR 1218.51 .
(c) The following table summarizes payments you must make for leases and grants, unless otherwise specified in the Final Sale Notice:

Payment Amount Due date Payment mechanismSection reference
Initial payments for leases
(1) If your lease is issued competitivelyBid DepositAs set in Final Sale Notice/depends on bidWith bidPay.gov§ 585.501 .
Bonus BalanceWithin 10 business days of receiving the unsigned lease30 CFR 1218.51 § 585.225 .
(2) If your lease is issued non-competitivelyAcquisition Fee$0.25 per acre, unless otherwise set by the DirectorWith applicationPay.gov§ 585.502 .
(3) All leasesInitial Rent$3 per acre per yearWithin 45 calendar days after receiving your copy of the executed lease from BOEMPay.gov§ 585.503 .
Subsequent payments for leases and project easements
(4) All leasesSubsequent Rent, unless otherwise provided in the terms of the lease$3 per acre per yearAnnually30 CFR 1218.51 §§ 585.503 and 585.504 .
(5) If you have a project easementRent, unless otherwise provided in the terms of the grantGreater of $5 per acre per year or $450 per yearUpon COP or GAP approval, then annually30 CFR 1218.51 § 585.507 .
(6) If your commercial lease is producingOperating Fee Determined by the formula in § 585.506 Annually30 CFR 1218.51 § 585.506 .
Payments for ROW grants and RUE grants1
(7) All ROW grants and RUE grantsInitial RentGreater of $5 per acre per year or $450 per year, unless otherwise established in the grantGrant executionPay.gov§ 585.508 .
Subsequent RentAnnually or in 5-year batches30 CFR 1218.51

1 There is no acquisition fee for ROW grants or RUE grants.

30 C.F.R. §585.500

88 FR 6430 , 1/31/2023; 89 FR 42740 , 7/15/2024