43 CFR § 3132.2 - Submission of bids.

---
identifier: "/us/cfr/t43/s3132.2"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3132.2 - Submission of bids."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3132.2"
section_name: "Submission of bids."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3130"
part_name: "OIL AND GAS LEASING: NATIONAL PETROLEUM RESERVE, ALASKA"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "42 U.S.C. 6508, 43 U.S.C. 1733 and 1740."
regulatory_source: "46 FR 55497, Nov. 9, 1981, unless otherwise noted."
cfr_part: "3130"
---


# 3132.2 Submission of bids.

(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.