[Code of Federal Regulations] [Title 43, Volume 2] [Revised as of October 1, 2006] From the U.S. Government Printing Office via GPO Access [CITE: 43CFR2884.16] [Page 285] TITLE 43--PUBLIC LANDS: INTERIOR CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR PART 2880_RIGHTS-OF-WAY UNDER THE MINERAL LEASING ACT--Table of Contents Subpart 2884_Applying for MLA Grants or TUPs Sec. 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 BLM will do to process the application; (3) Describes the method of periodic billing, payment, and auditing; (4) Describes the processes, studies, or evaluations you will pay for; (5) Explains how BLM will monitor the grant and how BLM will recover monitoring costs; (6) Contains provisions allowing for periodic review and updating, if required; (7) Contains specific conditions for terminating the Agreement; and (8) Contains any other provisions BLM considers necessary. (b) BLM will not enter into any Agreement that is not in the public interest.