43 CFR 3141.65

§ 3141.65 Rejection of bid.

United States · 43 CFR — Public Lands: Interior · Status: effective

Cite this

Citation: 43 CFR 3141.65, § 3141.65 Rejection of bid, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/212049
Permanent ID: ys:prov:212049@1
SHA-256: 9b7811e8799dbc816ce20478b9d28f3211d78c20886290320996a42a2f2ceddf

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Full text

If the high bid is rejected for failure by the successful bidder to execute the lease forms and pay the balance of the bonus bid, or otherwise to comply with the regulations of this subpart, the minimum bonus payment accompanying the bid will be forfeited.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.