Section 585.501 - [Effective 7/15/2024] What deposits must I submit for a competitively issued lease, ROW grant, or RUE grant?(a) For a competitively issued lease or grant, BOEM may require a bid deposit before the auction as established in the FSN.(b) The provisional winner of a lease must pay the balance of its accepted bid in accordance with § 585.225 .88 FR 6430, 1/31/2023; 89 FR 42740, 7/15/2024