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Alaska Administrative Code (Last Updated: January 12, 2017) |
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Title 11. Natural Resources. |
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Part 11.1. Office of the Commissioner. |
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Chapter 11.03. Disposition of Royalty Oil, Gas, or Gas Liquids. |
Section 11.03.060. Award of noncompetitive disposal.
Latest version.
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(a) A noncompetitive disposal will be made to the prospective buyer whose proposal reasonably offers the maximum benefits to the citizens of Alaska as determined by the commissioner. In determining which proposal offers the maximum benefits, the commissioner will consider the criteria described in AS 38.05.183(e). (b) The commissioner will make the award determination in writing. In considering the criteria described in AS 38.05.183(e), the commissioner will state which criteria apply to the proposed disposition, and discuss the weight given to the applicable criteria in determining the maximum benefit to the state. The relative importance given to individual criterion by the commissioner in each disposal does not bind or require similar weighting in other disposals. The determination made under this subsection is the best interests determination described in 11 AAC 03.010(d).
Authorities
38.05.020;38.05.183;38.06.070