Section 17.45.342. Notice of intent to award: auctions.

	(a)  The department will identify and announce the highest bid and bidder at the auction. Subject to (c) of this section and to the provisions of 17 AAC 45.345, the identification of the highest bidder constitutes the department's notice of intent to award the lease, permit, or concession to that bidder. The department's oral announcement constitutes notice of decision to all persons for purposes of the protest provisions of 17 AAC 45.910(b)(2). The highest bidder must sign the lease, permit, or concession at the auction.  
	(b)  Before the department signs the lease, permit, concession, or other related document, the department will determine whether the highest bidder has fulfilled all the auction requirements and whether the bidder is responsible under 17 AAC 45.390. The department will not sign the lease, permit, or concession earlier than seven days after the date of the auction.  
	(c)  If at an auction the department receives only one bid from a qualified and responsible bidder, the department will either award the lease, permit, or concession to that bidder or, if the department determines that the bid is not in the best interest of the state, reject the bid under 17 AAC 45.345.  

Authorities

02.15.020;02.15.060;02.15.070;02.15.090

Notes

Reference

17 AAC 45.910

Authority

AS 02.15.020 AS 02.15.060 AS 02.15.070 AS 02.15.090

History

Eff. 3/28/2002, Register 161; am 3/22/2008, Register 185