[Code of Federal Regulations] [Title 36, Volume 1] [Revised as of July 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 36CFR51.50] [Page 282] TITLE 36--PARKS, FORESTS, AND PUBLIC PROPERTY CHAPTER I--NATIONAL PARK SERVICE, DEPARTMENT OF THE INTERIOR PART 51_CONCESSION CONTRACTS--Table of Contents Subpart F_Determining a Preferred Offeror Sec. 51.50 Does the existence of a preferred offeror limit the authority of the Director to establish the terms of a concession contract? The existence of a preferred offeror does not limit the authority of the Director to establish, in accordance with this part, the terms and conditions of a new concession contract, including, but not limited to, terms and conditions that modify the terms and conditions of a prior concession contract.