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30 CFR § 556.515 - May a person be exempted from joint bidding restrictions?

---
identifier: "/us/cfr/t30/s556.515"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "30 CFR § 556.515 - May a person be exempted from joint bidding restrictions?"
title_number: 30
title_name: "Mineral Resources"
section_number: "556.515"
section_name: "May a person be exempted from joint bidding restrictions?"
chapter_name: "BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "B"
subchapter_name: "OFFSHORE"
part_number: "556"
part_name: "LEASING OF SULFUR OR OIL AND GAS AND FINANCIAL ASSURANCE REQUIREMENTS IN THE OUTER CONTINENTAL SHELF"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "31 U.S.C. 9701; 42 U.S.C. 6213; 43 U.S.C. 1334."
regulatory_source: "81 FR 18152, Mar. 30, 2016, unless otherwise noted."
cfr_part: "556"
---

# 556.515 May a person be exempted from joint bidding restrictions?

BOEM may exempt you from some or all of the reporting requirements listed in § 556.513, and/or some or all of the joint bidding restrictions listed in §§ 556.511 and/or 556.512(a), (b), and/or (c), if, after opportunity for a hearing, BOEM determines that the extremely high costs in an area will preclude exploration and development without an exemption.