§ 223.102. Procedures when sale is not awarded to highest bidder.
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/us/cfr/t36/s§ 223.102·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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. (92 Stat. 1301, Pub. L. 95-465) \[44 FR 73029, Dec. 17, 1979. Redesignated at 49 FR 2761, Jan. 23, 1984, and 53 FR 33132, Aug. 30, 1988\]
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- 92 Stat. 1301
- Pub. L. 95-465
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§ 223.102
Procedures when sale is not awarded to highest bidder.
Stat.92 Stat. 1301
Pub. L.Pub. L. 95-465
Cites 2Cited by 0 across 0 sources