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Federal regulations · Through 2026-08-25 · Newer source version available

43 CFR 3132.2: Submission of bids.

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Where this section sits in the code
  1. Title 43—Public Lands: Interior
  2. Subtitle B—Regulations Relating to Public Lands
  3. CHAPTER II—BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. SUBCHAPTER C—MINERALS MANAGEMENT (3000)
  5. PART 3130—OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA
  6. Subpart 3132—Issuance of Leases

(a) A separate sealed bid shall be submitted for each tract in the manner prescribed. A bid shall not be submitted for less than an entire tract.

(b) Each bidder shall submit with the bid a certified or cashier's check, bank draft, U.S. currency or any other form of payment approved by the Secretary for one-fifth of the amount of the cash bonus, unless stated otherwise in the notice of sale.

(c) Each bid shall be accompanied by statements of qualifications prepared in accordance with § 3132.4 of this title.

(d) Bidders are bound by the provisions of 18 U.S.C. 1860 prohibiting unlawful combination or intimidation of bidders.

Collected 2026-08-27T02:26:15Z. Source file · JSON

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