43 C.F.R. § 3120.51

Competitive auction.

Last amended: 2024Year: 2026Length: 40 wordsSubsections: 2Official source

Cite as 43 C.F.R. § 3120.51 (2026)

(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.
43 C.F.R. § 3120.51: Competitive auction. | Justis AI