CFR > Title 25 - Indians > CHAPTER I—BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR > SUBCHAPTER I—ENERGY AND MINERALS (parts 200 to 227) > PART 225—OIL AND GAS, GEOTHERMAL, AND SOLID MINERALS AGREEMENTS > SUBPART B—Minerals Agreements (§225.20 to §225.40) > 225.23—Economic assessments.

225.23—Economic assessments.

The Secretary shall prepare or cause to be prepared an economic assessment that shall address, among other things:
(a) Whether there are assurances in the minerals agreement that operations shall be conducted with appropriate diligence;
(b) Whether the production royalties or other form of return on mineral resources is adequate; and
(c) Whether the minerals agreement is likely to provide the Indian mineral owner with a return on the production comparable to what the owner might otherwise obtain through competitive bidding, when such a comparison can reasonably be made.