Code of Federal Regulations Title 36. Parks, Forests, and Public Property § 36.223.102 Procedures when sale is not awarded to highest bidder

If the highest bid is not accepted and the sale is still deemed desirable, all bids may be rejected and the timber readvertised;  or, if the highest bidder cannot meet the requirements under which the timber was advertised or the withholding of award to him is based on one or more of paragraphs (c), (d), and (e) of § 223.100, award at the highest price bid may be offered to the next highest qualified bidder or to the other qualified bidders in order of their bids until the award is accepted by one or refused by all of the qualified bidders.

(Authority:  92 Stat. 1301, Pub.L. 95–465)