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Electronic Code of Federal Regulations

e-CFR Data is current as of September 29, 2014

Title 43Subtitle BChapter IISubchapter CPart 3140Subpart 3141 → §3141.6-7


Title 43: Public Lands: Interior
PART 3140—LEASING IN SPECIAL TAR SAND AREAS
Subpart 3141—Leasing in Special Tar Sand Areas


§3141.6-7   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 shall an offer be made to the next highest bidder if the difference beween his/her bid and that of the rejected successful bidder is greater than the one-fifth bonus forfeited by the rejected successful bidder.

[55 FR 12351, Apr. 3, 1990]



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