C.F.R. » Title 30 » CHAPTER V—BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR › SUBCHAPTER B—OFFSHORE › PART 585—RENEWABLE ENERGY ON THE OUTER CONTINENTAL SHELF › Subpart F—Payments and Financial Assurance Requirements

30 C.F.R. § 585.531

What happens if the value of my financial assurance is reduced?

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If the value of your financial assurance is reduced below the required financial assurance amount because of a default or any other reason, you must provide additional financial assurance sufficient to meet the requirements of this subpart within 45 days or within a different period as specified by BOEM.