{"data":{"id":"us/43-cfr-3120.51","jurisdiction":"us","citation":"43 CFR 3120.51","heading":"Competitive auction.","body":"(a) Parcels will be offered by competitive auction.\n(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.","path":["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"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-43.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:15Z","sha256":"c4c3b5bb71b994e26afc391081f5ef1d46e8e41655000c3099b7d640ee825c4e","source_id":"us-cfr","stale":true,"prev":"us/43-cfr-3120.42","next":"us/43-cfr-3120.52"},"notice":"GroundRules: Original legal text. Not legal advice."}