30 C.F.R. § 585.500
(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 mechanism | Section reference | |
|---|---|---|---|---|---|
| Initial payments for leases | |||||
| (1) If your lease is issued competitively | Bid Deposit | As set in Final Sale Notice/depends on bid | With bid | Pay.gov | § 585.501. |
| Bonus Balance | Within 10 business days of receiving the unsigned lease | 30 CFR 1218.51 | § 585.225. | ||
| (2) If your lease is issued non-competitively | Acquisition Fee | $0.25 per acre, unless otherwise set by the Director | With application | Pay.gov | § 585.502. |
| (3) All leases | Initial Rent | $3 per acre per year | Within 45 calendar days after receiving your copy of the executed lease from BOEM | Pay.gov | § 585.503. |
| Subsequent payments for leases and project easements | |||||
| (4) All leases | Subsequent Rent, unless otherwise provided in the terms of the lease | $3 per acre per year | Annually | 30 CFR 1218.51 | §§ 585.503 and 585.504. |
| (5) If you have a project easement | Rent, unless otherwise provided in the terms of the grant | Greater of $5 per acre per year or $450 per year | Upon COP or GAP approval, then annually | 30 CFR 1218.51 | § 585.507. |
| (6) If your commercial lease is producing | Operating Fee | Determined by the formula in § 585.506 | Annually | 30 CFR 1218.51 | § 585.506. |
| Payments for ROW grants and RUE grants 1 | |||||
| (7) All ROW grants and RUE grants | Initial Rent | Greater of $5 per acre per year or $450 per year, unless otherwise established in the grant | Grant execution | Pay.gov | § 585.508. |
| Subsequent Rent | Annually or in 5-year batches | 30 CFR 1218.51 | |||
| 1 There is no acquisition fee for ROW grants or RUE grants. |