32 CFR § 274.7 - Acceptance of bids.

---
identifier: "/us/cfr/t32/s274.7"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "32 CFR § 274.7 - Acceptance of bids."
title_number: 32
title_name: "National Defense"
section_number: "274.7"
section_name: "Acceptance of bids."
chapter_name: "OFFICE OF THE SECRETARY OF DEFENSE"
subchapter_number: "M"
subchapter_name: "MISCELLANEOUS"
part_number: "274"
part_name: "REGULATIONS GOVERNING COMPETITIVE BIDDING ON U.S. GOVERNMENT GUARANTEED MILITARY EXPORT LOAN AGREEMENTS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Sec. 24, Foreign Military Sales Act (22 U.S.C. 2764) and Executive Order 11501 (34 FR 20169)."
regulatory_source: "38 FR 858, Jan. 5, 1973, unless otherwise noted."
cfr_part: "274"
---


# 274.7 Acceptance of bids.

(a) *Opening bids.* Bids will be opened at the time and place specified in the public notice.

(b) *Acceptance of successful bid.* The Secretary of Defense or his designee will notify any successful bidder of acceptance in the manner and form specified in the public notice.