Current through May 31, 2024
Section 585.508 - [Effective until 7/15/2024] What rent payments must I pay on ROW grants or RUE grants associated with renewable energy projects?(a) For each ROW grant BOEM approves under subpart C of this part, you must pay ONRR, under the regulations at 30 CFR part 1218 , an annual rent as follows, unless specified otherwise in the Final Sale Notice: (1) A fee of $70 for each nautical mile or part of a nautical mile of the OCS that your ROW crosses; and(2) An additional $5 per acre, subject to a minimum of $450 for use of the entire affected area, if you hold a ROW grant that includes a site outside the corridor of a 200-foot width (61 meters), centered on the cable or pipeline. The affected area includes the areal extent of anchor chains, risers, and other devices associated with a site outside the corridor.(b) For each RUE grant BOEM approves under subpart C of this part, you must pay ONRR, under the regulations at 30 CFR part 1218, a rent of: (1) $5 per acre per year; or(2) A minimum of $450 per year.(c) You must make the rent payments required by paragraphs (a) and (b) of this section on: (2) For a 5-year period; or(3) For multiples of 5 years.(d) You must make the first annual rent payment upon approval of your ROW grant or RUE grant request, as provided in § 585.500 , and all subsequent rent payments to ONRR in accordance with the regulations at 30 CFR 1218.51 .