Code of Federal Regulations · Section
§ 560.202 — What Bidding Systems May Boem Use?
30 C.F.R. § 560.202
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We will apply a single bidding system selected from those listed in this section to each tract included in an OCS lease sale. The following table lists bidding systems, the bid variables, and characteristics.
Authorizing Statute
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Definitions43 U.S.C. § 1331
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Fees and charges for Government services and things of value31 U.S.C. § 9701
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Secretarial authority30 U.S.C. § 1751
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Administration of leasing43 U.S.C. § 1334
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Limits on liability33 U.S.C. § 2704
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Leases, easements, and rights-of-way on the outer Continental Shelf43 U.S.C. § 1337
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Deposit of royalty funds to Indian accounts30 U.S.C. § 1714