StacksVerified U.S. regulatory reference

43 CFR §3203.15

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
  1. (a)BLM will offer parcels for competitive bidding as specified in the sale notice.
  2. (b)The winning bid will be the highest bid by a qualified bidder.
  3. (c)You may not withdraw a bid. Your bid constitutes a legally binding commitment by you.
  4. (d)BLM will reject all bids and re-offer a parcel if:
    1. (1)BLM determines that the high bidder is not qualified; or
    2. (2)The high bidder fails to make all payments required under § 3203.17.