GroundRules
43 CFR 3508.22: What happens if BLM rejects my bid?
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 3500—LEASING OF SOLID MINERALS OTHER THAN COAL AND OIL SHALE
- Subpart 3508—Competitive Lease Applications
(a) If your bid is the high bid and we reject it because you did not sign the lease form and pay the balance of the bonus bid, or otherwise comply with this subpart, you forfeit to the United States your deposit of one-fifth of the bonus bid amount.
(b) If we must reject your high bid for reasons beyond your control, we will return your bid deposit.
(c) If we reject your bid because it is not the high bid, we will return your bid deposit.
Collected 2026-08-27T02:26:15Z. Source file · JSON