[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: 43CFR3141.7]



[Page 417]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

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

 

PART 3140_LEASING IN SPECIAL TAR SAND AREAS--Table of Contents

 

             Subpart 3141_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.