Code of Federal Regulations (Last Updated: November 8, 2024) |
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 3140 - Leasing in Special Tar Sand Areas |
Subpart 3141 - Leasing in Special Tar Sand Areas |
§ 3141.6-6 - Rejection of bid.
Latest version.
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§ 3141.6-6 Rejection of bid.
If the high bid is rejected for failure by the successful bidder to execute the lease forms and pay the balance of the bonus bid, or otherwise to comply with the regulations of this subpart, the one-fifth bonus accompanying the bid shall be forfeited.