1. LawStack
  2. Title 30 - Mineral Resources
  3. Chapter V - BUREAU OF OCEAN ENERGY MANAGEMENT, DEPARTMENT OF THE INTERIOR
  4. Subchapter B - OFFSHORE
  5. Part 585 - RENEWABLE ENERGY AND ALTERNATE USES OF EXISTING FACILITIES ON THE OUTER CONTINENTAL SHELF
  6. Subpart B - Issuance of OCS Renewable Energy Leases
  7. Topic - Competitive Lease Award Process
  8. 30 CFR § 585.223
30 CFR § 585.223
What does BOEM do if there is a tie for the highest bid?
July 29, 2020
CFR

(a) Unless otherwise specified in the Final Sale Notice, except in the first stage of a two-stage bidding auction, if more than one bidder on a lease submits the same high bid amount, the winning bidder will be determined by a further round or stage of bidding as described in the Final Sale Notice.

(b) The winning bidder will be subject to final confirmation following determination of bid adequacy.

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§ 585.222 What does BOEM do with my bid?
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§ 585.224 What happens if BOEM accepts my bid?

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