[Code of Federal Regulations]
[Title 43, Volume 2]
[Revised as of October 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 43CFR2711.3-3]

[Page 218]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 2710_SALES: FEDERAL LAND POLICY AND MANAGEMENT ACT--Table of Contents
 
                     Subpart 2711_Sales: Procedures
 
Sec. 2711.3-3  Direct sales.

    (a) Direct sales (without competition) may be utilized, when in the 
opinion of the authorized officer, a competitive sale is not appropriate 
and the public interest would best be served by a direct sale. Examples 
include, but are not limited to:
    (1) A tract identified for transfer to State or local government or 
nonprofit organization; or
    (2) A tract identified for sale that is an integral part of a 
project or public importance and speculative bidding would jeopardize a 
timely completion and economic viability of the project; or
    (3) There is a need to recognize an authorized use such as an 
existing business which could suffer a substantial economic loss if the 
tract were purchased by other than the authorized user; or
    (4) The adjoining ownership pattern and access indicate a direct 
sale is appropriate; or
    (5) A need to resolve inadvertent unauthorized use or occupancy of 
the lands.
    (b) Once the authorized officer has determined that the lands will 
be offered by direct sale and such determination has been issued, 
published and sent in accordance with procedures of this part, payment 
shall be made by the same instruments as authorized in Sec. 2711.3-1(c) 
of this subpart.
    (c) Failure to accept an offer to purchase the offered lands within 
the time specified by the authorized officer shall constitute a waiver 
of this preference consideration.
    (d) Acceptance or rejection of an offer to purchase the lands shall 
be in accordance with the procedures set forth in Sec. 2711.3-1 (f) and 
(g) of this subpart.

[49 FR 29015, July 17, 1984; 49 FR 29796, July 24, 1984]