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DOI/MMS

RIN: 1010-AC68

Publication ID: Spring 2001

Title: Requirements Governing Surety Bonds for the Outer Continental Shelf
Abstract: This rule would change requirements governing surety bonds for activities on the Outer Continental Shelf. These changes will codify the terms and conditions under which a surety will be relieved of responsibility when MMS terminates the period and liability of a bond. Codifying these terms and conditions is necessary to clarify the responsibilities of the lessee after the lease expires.
Agency: Department of the Interior(DOI)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 30 CFR 256
Legal Authority: 43 USC 1331 et seq

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	01/08/2001	66 FR 1277
NPRM Comment Period End	03/09/2001
Final Action	02/00/2002

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
Agency Contact: Kumkum Ray Geologist 381 Elden Street, Herndon, VA 20170 Phone:703 787-1604 Fax:703 787-1093 Email: kumkum.ray@mms.gov