StacksVerified U.S. regulatory reference

43 CFR §3120.51

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)Parcels will be offered by competitive auction.
  2. (b)A winning bid will be the highest bid by a responsible and qualified bidder, equal to or exceeding the national minimum acceptable bid. The decision of the auctioneer will be final.