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43 C.F.R. § 3120.51 – Competitive auction. | Midpage
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Code of Federal Regulations
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Subchapter C
Part 3120
ECFRaa861e15c3f04ef
§ 3120.51
43 C.F.R. § 3120.51
Competitive auction.
Effective Jun 22, 2024
(a) Parcels will be offered by competitive auction.
(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.