[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: 43CFR3141.6-7]

[Page 404-405]
 
                    TITLE 43--PUBLIC LANDS: INTERIOR
 
    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR
 
PART 3140_COMBINED HYDROCARBON LEASING--Table of Contents
 
       Subpart 3141_Competitive Leasing in Special Tar Sand Areas
 
Sec. 3141.6-7  Consideration of next highest bid.

    The Department reserves the right to accept the next highest bid if 
the highest bid is rejected. In no event shall an offer be made to the 
next highest bidder if the difference beween his/her bid and that of the 
rejected successful bidder is greater than the one-fifth bonus

[[Page 405]]

forfeited by the rejected successful bidder.

[55 FR 12351, Apr. 3, 1990]