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BOEM doesn't believe that the expression “monetary assurance” is ever utilised as being a “system for furnishing security” Within this rulemaking and, in its place, is applied to describe any of a number of differing kinds of securities which BOEM accepts to ensure effectiveness of obligations. As such, BOEM thinks the time period and affiliated definition is appropriate.
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A commenter also highlighted that BSEE, in its current ultimate rule arising through the Department's 2020 proposed rule, declined to retain an attractiveness bond provision that may have required the posting of the appeal bond to acquire a keep of the BSEE decommissioning get.
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