[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3132.2]



[Page 388]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 3130_OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA

--Table of Contents

 

                     Subpart 3132_Issuance of Leases

 

Sec.  3132.2  Submission of bids.



    (a) A separate sealed bid shall be submitted for each tract in the 

manner prescribed. A bid shall not be submitted for less than an entire 

tract.

    (b) Each bidder shall submit with the bid a certified or cashier's 

check, bank draft, U.S. currency or any other form of payment approved 

by the Secretary for one-fifth of the amount of the cash bonus, unless 

stated otherwise in the notice of sale.

    (c) Each bid shall be accompanied by statements of qualifications 

prepared in accordance with Sec.  3132.4 of this title.

    (d) Bidders are bound by the provisions of 18 U.S.C. 1860 

prohibiting unlawful combination or intimidation of bidders.