§ 3132.2 Submission of bids.
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Title 43 CFR: Public Lands: Interior › Chapter II: BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR › Part 3130: OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA › Subpart 3132: Issuance of Leases › § 3132.2: § 3132.2 Submission of bids.
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(a) A separate sealed bid shall be submitted for each tract in the manner prescribed. A bid shall not be submitted for less than an entire tract.
(b) Each bidder shall submit with the bid a certified or cashier's check, bank draft, U.S. currency or any other form of payment approved by the Secretary for one-fifth of the amount of the cash bonus, unless stated otherwise in the notice of sale.
(c) Each bid shall be accompanied by statements of qualifications prepared in accordance with § 3132.4 of this title.
(d) Bidders are bound by the provisions of 18 U.S.C. 1860 prohibiting unlawful combination or intimidation of bidders.
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