43 CFR 3141.66 - Consideration of next highest bid.

Regulations last checked for updates: Nov 22, 2024

Title 43 - Public Lands: Interior last revised: Sep 06, 2024

View all text of Subpart 3141 [§ 3141.1 - § 3141.70]

§ 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.

authority: 30 U.S.C. 181

source: 89 FR 30988, Apr. 23, 2024, unless otherwise noted.

cite as: 43 CFR 3141.66