Current through September 30, 2024
Section 3602.42 - How does BLM publicize competitive mineral materials sales?(a) When offering mineral materials for sale by competitive bidding, BLM:(1) Will advertise the sale by publishing a sale notice in a newspaper of general circulation in the area where the material is located, on the same day once a week for 2 consecutive weeks; and(2) Will post a sale notice in a conspicuous place in the office where you will submit bids.(b) In the sale notice, BLM will state:(1) By legal description, the location of the tract or tracts on which we are offering the materials;(2) The kind of materials we are offering;(3) The estimated quantities of materials we are offering;(4) The unit of measurement;(5) The appraised prices;(6) The time and place for receiving and opening of bids;(7) The minimum deposit we require;(8) If the sale is by request, the total cost recovery fee paid to BLM by the applicant up to 21 days before the sale;(9) The site access that will be available to the purchaser;(10) The method of bidding;(11) If applicable, that the purchaser must file mining or reclamation plans;(12) The bonding requirement;(13) The location for inspection of contract terms and proposed stipulations;(14) The address and telephone number of the office where you may obtain additional information;(15) Whether BLM will renew the contract; and(16) Any additional information that BLM deems necessary.(c) BLM may, in its discretion, extend the period of time for advertising;(d) BLM will not hold sales sooner than 1 week after the last advertisement.66 FR 58901, Nov. 23, 2001, as amended at 70 FR 58878, Oct. 7, 2005