36 CFR 223.51 - Bid monitoring.

Regulations last checked for updates: Oct 19, 2024

Title 36 - Parks, Forests, and Public Property last revised: Oct 17, 2024

View all text of Subpart B [§ 223.30 - § 223.118]

§ 223.51 - Bid monitoring.

Each Regional Forester shall monitor bidding patterns on timber sales to determine if speculative bidding is occurring or if Purchasers are bidding in such a way that they would be unable to perform their obligations under the timber sale contract. A Regional Forester shall propose to the Chief changes in service wide timber sale procedures, as they appear necessary, to discourage speculative bidding.

[50 FR 41500, Oct. 11, 1985]

authority: 90 Stat. 2958, 16 U.S.C. 472a; 98 Stat. 2213, 16 U.S.C. 618,104. 714-726, 16 U.S.C. 620-620j,25.S.C. 3055 and 3057, 113 Stat. 1501a, 16 U.S.C. 528 note; unless otherwise noted

source: 42 FR 28252, June 2, 1977, unless otherwise noted. Redesignated at 49 FR 2760, Jan. 23, 1984.

cite as: 36 CFR 223.51