43 CFR § 3923.10 - Minimum bid.

---
identifier: "/us/cfr/t43/s3923.10"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "43 CFR § 3923.10 - Minimum bid."
title_number: 43
title_name: "Public Lands: Interior"
section_number: "3923.10"
section_name: "Minimum bid."
chapter_name: "BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR"
subchapter_number: "C"
subchapter_name: "MINERALS MANAGEMENT (3000)"
part_number: "3920"
part_name: "OIL SHALE LEASING"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "30 U.S.C. 241(a), 42 U.S.C. 15927, 43 U.S.C. 1732(b) and 1740."
regulatory_source: "73 FR 69477, Nov. 18, 2008, unless otherwise noted."
cfr_part: "3920"
---


# 3923.10 Minimum bid.

The BLM will not accept any bid that is less than the FMV as determined under § 3924.10(d). In no case may the minimum bid be less than $1,000 per acre.