GroundRules
43 CFR 3120.51: Competitive auction.
Where this section sits in the code
- Title 43—Public Lands: Interior
- Subtitle B—Regulations Relating to Public Lands
- CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
- SUBCHAPTER C—MINERALS MANAGEMENT (3000)
- PART 3120—COMPETITIVE LEASES
(a) Parcels will be offered by competitive auction.
(b) A winning bid will be the highest bid by a responsible and qualified bidder, equal to or exceeding the national minimum acceptable bid. The decision of the auctioneer will be final.
Collected 2026-08-27T02:26:15Z. Source file · JSON