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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) When offering mineral materials for sale by competitive bidding, BLM:
(1) Will advertise the sale by publishing a sale notice in a newspaper of general circulation in the area where the material is located, on the same day once a week for 2 consecutive weeks; and
(2) Will post a sale notice in a conspicuous place in the office where you will submit bids.
(b) In the sale notice, BLM will state:
(1) By legal description, the location of the tract or tracts on which we are offering the materials;
(2) The kind of materials we are offering;
(3) The estimated quantities of materials we are offering;
(4) The unit of measurement;
(5) The appraised prices;
(6) The time and place for receiving and opening of bids;
(7) The minimum deposit we require;
(8) If the sale is by request, the total cost recovery fee paid to BLM by the applicant up to 21 days before the sale;
(9) The site access that will be available to the purchaser;
(10) The method of bidding;
(11) If applicable, that the purchaser must file mining or reclamation plans;
(12) The bonding requirement;
(13) The location for inspection of contract terms and proposed stipulations;
(14) The address and telephone number of the office where you may obtain additional information;
(15) Whether BLM will renew the contract; and
(16) Any additional information that BLM deems necessary.
(c) BLM may, in its discretion, extend the period of time for advertising;
(d) BLM will not hold sales sooner than 1 week after the last advertisement.
Cite this article: FindLaw.com - Code of Federal Regulations Title 43. Public Lands: Interior § 43.3602.42 How does BLM publicize competitive mineral materials sales? - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-43-public-lands-interior/cfr-sect-43-3602-42/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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