Requirements for Financial Assurance Instruments

  1. Law
  2. CFR 30
  3. Mineral Resources
  4. Bureau of Ocean Energy Management, Department of the Interior
  5. Offshore
  6. Renewable Energy and Alternate Uses of Existing Facilities on the Outer Continental Shelf
  7. Payments and Financial Assurance Requirements
  8. Requirements for Financial Assurance Instruments

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Section
585.525

What general requirements must a financial assurance instrument meet?

Section
585.526

What instruments other than a surety bond may I use to meet the financial assurance requirement?

Section
585.527

May I demonstrate financial strength and reliability to meet the financial assurance requirement for lease or grant activities?

Section
585.528

May I use a third-party guaranty to meet the financial assurance requirement for lease or grant activities?

Section
585.529

Can I use a lease- or grant-specific decommissioning account to meet the financial assurance requirements related to decommissioning?