Form BOEM-2030 OCS Pipeline Right-of-Way Grant Bond

U.S. Department of the Interior

OMB Control No.: 1010-0006
Expiration Date: x/xx/2022

Bureau of Ocean Energy Management

Cover Page

OUTER CONTINENTAL SHELF PIPELINE RIGHT-OF-WAY
GRANT BOND
Form BOEM-2030
This form dated Month 2019 supersedes all previous versions of form BOEM-2030

All Bond Forms must be submitted with a transmittal letter to the appropriate BOEM office:
Bureau of Ocean Energy Management
Gulf of Mexico OCS Office
1201 Elmwood Park Blvd.
New Orleans LA 70123-2394
Leasing and Financial Responsibility - Mail Stop GM266A
Bureau of Ocean Energy Management
Alaska OCS Office
3801 Centerpoint Drive, Suite 500
Anchorage AK 99503-5820
Alaska Leasing Section
Bureau of Ocean Energy Management
Pacific OCS Office
760 Paseo Camarillo, Suite 102
Camarillo CA 93010
Lease Management

Paperwork Reduction Act of 1995 (PRA) Statement: The PRA (44 U.S.C. 3501 et seq.) requires us to inform
you that BOEM collects this information to hold the surety liable for the obligations and liability of the Principal
(lessee or operator). Responses are mandatory. No proprietary information is collected. An agency may not
conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a
currently valid OMB Control Number. Public reporting burden for this form is estimated to average 15 minutes
per response, including the time for reviewing instructions, gathering and maintaining data, and completing and
reviewing the form. Comments regarding the burden estimate or any other aspect of this form should be directed
to the Information Collection Clearance Officer, Bureau of Ocean Energy Management, 45600 Woodland Road,
Sterling, VA 20166.

BOEM-2030 (Month 2019)
Previous Editions are Obsolete.

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OMB Control No.: 1010-0006
Expiration Date: x/x/2022

U.S. Department of the Interior
Bureau of Ocean Energy Management

OUTER CONTINENTAL SHELF (OCS) PIPELINE RIGHT-OF-WAY GRANT BOND
Bond No.:
Bond Type: □ Area

□

Additional Security (Check One)

Area/ROW #:

Amount:

The Surety is the Company Guaranteeing Performance.
Name of Surety:
Mailing Address:

If a Corporation, Incorporated in the State of:

; County or Parish of:

Check here if Surety is certified by U.S. Treasury as an acceptable surety on Federal Bonds and listed in the current U.S. Treasury Circular No. 570.

The Principal is the Pipeline Right-of-way (ROW) Grant Holder for Whom the Bond or additional security* is Issued.
Name of Principal:
Mailing Address:
Schedule A, the OCS area and pipeline ROW grant covered by this bond or additional security*, is comprised of (check one or both):
The following OCS area[(see 30 CFR 550.1011(b)]:
The following pipeline ROW grant [see 30 CFR 550.1011(a)(2)]:
Check here if additional information is continued on attached sheet.
In addition to the Obligations of the Principal during the period of liability of this bond or additional security*, the Surety also accepts
the following Obligations (check one):
No Obligations other than the Obligations of the Principal during the period of liability of this bond or additional security*.
All Obligations of all previous Sureties or guarantors even if the Obligations are not Obligations of the Principal during the period of
liability of this bond or additional security*.
All Obligations of all previous Sureties or guarantors even if the Obligations are not Obligations of the Principal during the period of
liability of this bond or additional security* with the following exceptions or limitations (use an attached sheet if needed):
An Obligation includes any obligation arising from any regulations of the Department of the Interior or any
Instrument issued, maintained, or approved under the OCS Lands Act, 43 USC 1331 et seq.
An Instrument includes any pipeline ROW grant, whereunder the Principal has the right, privilege, or license to
For the purposes
conduct pipeline operations on the OCS.
of this document:
A Person includes an individual, a public or private corporation, a State, a political subdivision of a State, any
association of individuals, corporations, States, or subdivisions of States, or a government agency.
By signing below, the Principal verifies that the information above is correct and agrees to the following:
The Principal as agent on behalf of the pipeline ROW grant holder will fulfill all Obligations for the entire pipeline ROW grant and to
the same extent as though the Principal were the sole pipeline ROW grant holder for all pipeline ROW grants in Schedule A within an
area designated in Schedule A.
By signing below, the Surety verifies that the information above is correct and agrees to the following:
1. The Surety does hereby absolutely and unconditionally bind itself to the United States of America acting through and by the
Bureau of Ocean Energy Management (BOEM), or such other official designated by the Secretary of the Interior for this
purpose, for the performance of all present and future Obligations.
2. The Surety agrees to meet all existing and future Obligations of the Principal on the pipeline ROW grant(s) described in
Schedule A or acquired within that area after the effective date of this document at a cost not to exceed $_
unless this sum has been increased or decreased by a rider to this bond or additional security*executed in the same manner as
this bond or additional security*.
3. The Surety will be responsible for all Obligations of the Principal in existence at the time this document becomes effective and
all Obligations that accrue after that date and until all Obligations are met or until the Regional Director terminates the period
of liability of this bond or additional security*.
Definitions

BOEM-2030 (Month 2019)
Previous Editions are Obsolete.

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OUTER CONTINENTAL SHELF (OCS) PIPELINE RIGHT-OF-WAY GRANT BOND (Continued)
4. If the Regional Director terminates the period of liability of this bond or additional security*, the Surety will remain
responsible for Obligations that accrued during the period of liability until the Regional Director issues a written cancellation
of the bond or additional security* in favor of the Surety.
5. If this bond or additional security* is cancelled, the Regional Director may reinstate this bond or additional security* as if no
cancellation had occurred if any payment of any obligations of the Principal(s) is rescinded or must be restored pursuant to
any insolvency, bankruptcy, reorganization, or receivership, or should the representation of the Principal that it has paid its
financial Obligations or performed the other Obligations of the pipeline ROW grant(s)in accordance with BOEM
specifications be materially false and the BOEM relied upon such representation in canceling the instrument.
6. The Surety waives any right of notice of this bond or other security*taking effect and agrees that this bond or additional
security* will take effect upon delivery to BOEM.
7. The Surety’s Obligations will remain in full force and effect, even if:
(a) Any person assigns the Instrument covered by this document.
(b) Any person modifies an Instrument or Obligation under an Instrument in any manner including modifications that result
from a modification of regulations or interpretations of regulations; or creation of any mortgage, pledge, or other grant of
security interest in the Instruments.
(c) Any person, event, or condition terminates any Instrument covered by this bond or additional security*, whether the
termination is by operation of law or otherwise.
(d) The BOEM takes or fails to take any action in enforcing, as against any party to the Instrument, the performance of any other
covenant, condition or agreement of the pipeline ROW grant, or giving notice of or making demand with respect to such
nonperformance.
(e) The Surety suffers any loss by reason of any law limiting, qualifying, or discharging the Principal’s Obligation.
8. The Surety agrees to be bound under this bond or additional security* as to the interests in any Instrument retained by the
Principal when the BOEM approves the transfer of any or all of the Instruments.
9. In the event of any default under a pipeline ROW grant, the Surety must perform the Obligations of the Principal upon
demand by the BOEM.
10. If the BOEM decides to commence suit to enforce its rights, it may commence and prosecute any claim, suit, action, or other
proceeding against the Principal and Surety, or either of them, whether or not the BOEM joins the pipeline ROW grant
holder or any other party.
11. In the event there is more than one Surety for the Principal’s performance of the Obligations, as to any Instrument, the
Surety’s Obligation and liability under this bond or additional security* is on a “solidary” or “joint and several” basis along
with other guarantors or sureties.
12. The Surety agrees to give prompt notice to the BOEM and the Principal of any action filed alleging the insolvency or
bankruptcy of the Surety or the Principal, or alleging any violation that would result in suspension or revocation of the
Surety’s charter or license to do business.
13. The Surety’s Obligation and liabilities under this Bond or additional security* are binding upon the Surety’s successors and
assigns. Nothing in this document permits assignment of the Surety’s Obligation without the written consent of the BOEM.
14. The Surety hereby waives any defenses to liability on this bond or additional security* based on an unauthorized Principal
signature.

* Must be approved by the Regional Director

BOEM-2030 (Month 2019)
Previous Editions are Obsolete.

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OUTER CONTINENTAL SHELF (OCS) PIPELINE RIGHT-OF-WAY GRANT BOND (Continued)

Name of Surety

Name of Principal

Signature of Person Executing for Surety

Signature of Person Executing for Principal

Name and title typed or printed

Name and title typed or printed

Business Address

Business Address

Business Address

Business Address

Signed on this

day of

, 20

, in the State of

Signature of Witness

Signature of Witness

Name typed or printed

Name typed or printed

Address

Address

, in the presence of:

Address
Address
Note: The party signing for the Surety must attach a corporate resolution and power of attorney stating his or her authority to undertake
this Obligation, pursuant to the acts of the corporate board of directors and the laws of the state of incorporation. The corporation
executing this bond as Surety and the pipeline right-of-way grant holder, if a corporation, must affix their corporate seals.

Paperwork Reduction Act of 1995 (PRA) Statement: The PRA (44 U.S.C. 3501 et seq.) requires us to inform you that
BOEM collects this information to hold the surety liable for the obligations and liability of the Principal (pipeline right-ofway holder). Responses are required to obtain or retain a benefit. Proprietary data are covered under 30 CFR 550.197. An
agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays
a currently valid OMB control number. Public reporting burden for this form is estimated to average 15 minutes per
response (in the Alaska and Pacific Regions, this could take longer), including the time for reviewing instructions, gathering
and maintaining data, and completing and reviewing the form. Comments regarding the burden estimate or any other aspect
of this form should be directed to the Information Collection Clearance Officer, Bureau of Ocean Energy Management,
45600 Woodland Road, Sterling, VA 20166.

BOEM-2030 (Month 2019)
Previous Editions are Obsolete.

PAGE 4 OF 4