1. (a) When offering mineral materials for sale by competitive bidding, BLM:

   1. (1) Will advertise the sale by publishing a sale notice in a newspaper of general circulation in the area where the material is located, on the same day once a week for 2 consecutive weeks; and
   2. (2) Will post a sale notice in a conspicuous place in the office where you will submit bids.

2. (b) In the sale notice, BLM will state:

   1. (1) By legal description, the location of the tract or tracts on which we are offering the materials;
   2. (2) The kind of materials we are offering;
   3. (3) The estimated quantities of materials we are offering;
   4. (4) The unit of measurement;
   5. (5) The appraised prices;
   6. (6) The time and place for receiving and opening of bids;
   7. (7) The minimum deposit we require;
   8. (8) If the sale is by request, the total cost recovery fee paid to BLM by the applicant up to 21 days before the sale;
   9. (9) The site access that will be available to the purchaser;
   10. (10) The method of bidding;
   11. (11) If applicable, that the purchaser must file mining or reclamation plans;
   12. (12) The bonding requirement;
   13. (13) The location for inspection of contract terms and proposed stipulations;
   14. (14) The address and telephone number of the office where you may obtain additional information;
   15. (15) Whether BLM will renew the contract; and
   16. (16) Any additional information that BLM deems necessary.
3. (c) BLM may, in its discretion, extend the period of time for advertising;
4. (d) BLM will not hold sales sooner than 1 week after the last advertisement.

[66 FR 58901, Nov. 23, 2001, as amended at 70 FR 58878, Oct. 7, 2005]