43 CFR 3109.14

§ 3109.14 Award of lease or compensatory royalty agreement.

United States · 43 CFR — Public Lands: Interior · Status: effective

Cite this

Citation: 43 CFR 3109.14, § 3109.14 Award of lease or compensatory royalty agreement, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/211865
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Full text

Award of lease to the owner of the right-of-way, or a contract for the payment of compensatory royalty by the owner or lessee of the adjoining lands will be made to the bidder whose offer is determined by the authorized officer to be to the best advantage of the United States, considering the amount of royalty to be received and the better development under the respective means of production and operation.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.