[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: 43CFR3141.7]

[Page 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. 3141.7  Award of lease.

    After determining the highest responsible qualified bidder, the 
authorized officer shall send 3 copies of the lease on a form approved 
by the Director, and any necessary stipulations, to the successful 
bidder. The successful bidder shall, not later than the 30th day after 
receipt of the lease, execute the lease, pay the balance of the bid and 
the first year's rental, and file a bond as required in subpart 3104 of 
this title. Failure to comply with this section shall result in 
rejection of the lease.