Code of Federal Regulations · Section

§ 556.515 — May A Person Be Exempted From Joint Bidding Restrictions?

30 C.F.R. § 556.515

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BOEM may exempt you from some or all of the reporting requirements listed in § 556.513, and/or some or all of the joint bidding restrictions listed in §§ 556.511 and/or 556.512(a), (b), and/or (c), if, after opportunity for a hearing, BOEM determines that the extremely high costs in an area will preclude exploration and development without an exemption.