# 30 CFR § 560.203: What conditions apply to the bidding systems that BOEM uses?

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-30-560.203

## Section

- **Citation:** 30 CFR § 560.203
- **Heading:** What conditions apply to the bidding systems that BOEM uses?
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 30—Mineral Resources > CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR > SUBCHAPTER B—OFFSHORE > PART 560—OUTER CONTINENTAL SHELF OIL AND GAS LEASING > Subpart B—Bidding Systems > General Provisions

## Text

(a) For each of the bidding systems in § 560.110, we will include an annual rental fee. Other fees and provisions may apply as well. The Notice of OCS Lease Sale published in the Federal Register will specify the annual rental and any other fees the highest responsible qualified bidder must pay and any other provisions.
(b) If we use any deferment or schedule of payments for the cash bonus bid, we will specify and include it in the Notice of OCS Lease Sale published in the Federal Register.
(c) For the bidding systems listed in this subpart, if the bid variable is a cash bonus bid, the highest bid by a qualified bidder determines the amount of cash bonus to be paid. We will include the minimum bid level(s) in the Notice of OCS Lease Sale published in the Federal Register.
(d) For the bidding systems listed in this subpart, if the bid variable is the royalty rate, the highest bid by a qualified bidder determines the royalty rate to be paid. We will include the minimum royalty rate(s) in the Notice of OCS Lease Sale published in the Federal Register.
(e) We may, by rule, add to or modify the bidding systems listed in § 560.110, according to the procedural requirements of the OCSLA, 43 U.S.C. 1331 et seq., as amended by Public Law 95-372, 92 Stat. 629.
[76 FR 64623, Oct. 18, 2011. Redesignated at 81 FR 18175, Mar. 30, 2016]

## Nearby sections

- [30 CFR § 560.200 § 560.200 What is the purpose of this subpart?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.200.md)
- [30 CFR § 560.201 § 560.201 What definitions apply to this subpart?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.201.md)
- [30 CFR § 560.202 § 560.202 What bidding systems may BOEM use?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.202.md)
- [30 CFR § 560.203 § 560.203 What conditions apply to the bidding systems that BOEM uses?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.203.md)
- [30 CFR § 560.210 § 560.210 How do royalty suspension volumes apply to eligible leases?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.210.md)
- [30 CFR § 560.211 § 560.211 When does an eligible lease qualify for a royalty suspension volume?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.211.md)
- [30 CFR § 560.212 § 560.212 How does BOEM assign and monitor royalty suspension volumes for eligible leases?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.212.md)
- [30 CFR § 560.213 § 560.213 How long will a royalty suspension volume for an eligible lease be effective?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.213.md)
- [30 CFR § 560.214 § 560.214 How do I measure natural gas production on my eligible lease?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.214.md)
- [30 CFR § 560.220 § 560.220 How does royalty suspension apply to leases issued in a sale held after November 2000?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.220.md)
- [30 CFR § 560.221 § 560.221 When does a lease issued in a sale held after November 2000 get a royalty suspension?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.221.md)
- [30 CFR § 560.222 § 560.222 How long will a royalty suspension volume be effective for a lease issued in a sale held after November 2000?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.222.md)
- [30 CFR § 560.223 § 560.223 How do I measure natural gas production for a lease issued in a sale held after November 2000?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.223.md)
- [30 CFR § 560.224 § 560.224 How will royalty suspension apply if BOEM assigns a lease issued in a sale held after November 2000 to a field that has a pre-Act lease?](https://www.frixlaw.com/law-library/statutes/ecfr-30-560.224.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-30-560.203. Check the current official text before relying on it. Not legal advice.