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 |
Sale Procedures |
§ 3141.66 - Consideration of next highest bid.
Latest version.
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§ 3141.66 Consideration of next highest bid.
The Department reserves the right to accept the next highest bid if the highest bid is rejected. In no event will an offer be made to the next highest bidder if the difference between that bid and the bid of the rejected successful bidder is greater than the minimum bonus payment forfeited by the rejected successful bidder.