Section 2884.16 - What provisions do Master Agreements contain and what are their limitations?(a) A Master Agreement:(1) Specifies that you must comply with all applicable laws and regulations;(2) Describes the work you will do and the work the BLM will do to complete right-of-way activities;(3) Describes the method of periodic billing, payment, and auditing;(4) Describes the processes, studies, or evaluations you will pay for;(5) Explains how the BLM will monitor actions on a grant or TUP and how the BLM will receive payment for this work; (6) Describes existing agreements between the BLM and other Federal agencies for cost reimbursement;(7) Contains provisions allowing for periodic review and updating, if required;(8) Contains specific conditions for terminating the Agreement;(9) May be prepared so that it includes previously granted rights-of-way held by the right-of-way holder; and(10) Contains any other provisions BLM considers necessary.(b) BLM will not enter into any Agreement that is not in the public interest.(c) If you sign a Master Agreement, you waive your right to request a reduction of cost recovery fees.70 FR 21078, Apr. 22, 2005, as amended at 81 FR 92227, Dec. 19, 2016