(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.