[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: 43CFR2920.8]



[Page 314]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 2920_LEASES, PERMITS AND EASEMENTS--Table of Contents

 

     Subpart 2920_Leases, Permits and Easements: General Provisions

 

Sec.  2920.8  Fees.



    (a) Rental. (1) Holders of a land use authorization shall pay 

annually or otherwise as determined by the authorized officer, in 

advance, a rental as determined by the authorized officer. The rental 

shall be based either upon the fair market value of the rights 

authorized in the land use authorization or as determined by competitive 

bidding. In no case shall the rental be less than fair market value.

    (2) Rental fees for leases and easements may be adjusted every 5 

years or earlier, as determined by the authorized officer, to reflect 

current fair market value.

    (3) The rental fees required by this section are payable when due, 

and a late charge of 1 percent per month of the unpaid amount or $15 per 

month, whichever is greater, shall be assessed if subsequent billings 

are required. Failure to pay the rental fee in a timely manner is cause 

for termination of the land use authorization.

    (b) Processing fee. Each request for renewal, transfer or assignment 

of a lease or easement shall be accompanied by a non-refundable 

processing fee of $25. The authorized officer may waive or reduce this 

fee for requests for permit renewals which can be processed with a 

minimal amount of work.