US lawFederal (United States)RegulationsTitle 43 CFR — Public Lands: InteriorChapter II — BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIORPart 3920 — OIL SHALE LEASINGSubpart 3923 — Minimum Bid3923.1043 C.F.R. § 3923.10Minimum bid.Last amended: 2016Year: 2026Length: 31 wordsOfficial source Cite as 43 C.F.R. § 3923.10 (2026)The BLM will not accept any bid that is less than the FMV as determined under § 3924.10(d). In no case may the minimum bid be less than $1,000 per acre.Cross-references to the CFR3924.10