Bidding credits

Bidding credits means the value assigned by BOEM, expressed in monetary terms, to the factors or actions demonstrated, or committed to, by a bidder at a BOEM lease auction during the competitive lease award process. The type and value(s) of any bidding credit(s) awarded to any given bidder will be set forth in the Final Sale Notice.

Source

30 CFR § 585.113

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Scoping language

Terms used in this part have the meanings as defined in this section:

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