La. Admin. Code tit. 43 § V-719

Current through Register Vol. 50, No. 11, November 20, 2024

Section V-719 - Examination and Evaluation of Bids for State Wind Lease [Formerly LAC 43:I.1019]

A. Sealed bids for state wind lease shall be publicly opened and read aloud on the date advertised for the public opening of bids (generally the lease sale date at which the tract is offered) in the LaBelle Room, also known as the Conservation and Mineral Resources Hearing Room, located on the First Floor of the LaSalle Building at 617 North Third Street, Baton Rouge, LA. The State Mineral Board shall defer action on the bids for state wind lease until at least the next regular board meeting, but no later than 100 days, pending examination and evaluation of the bids by its staff. The State Mineral Board staff shall examine and evaluate the bids to confirm compliance with legal, procedural and technical requirements, as well as with any current policies and practices, based on available data and analyses.

La. Admin. Code tit. 43, § V-719

Promulgated by the Department of Natural Resources, Office of Mineral Resources, LR 34:265 (February 2008), repromulgated LR 411739 (9/1/2015).

AUTHORITY NOTE: Promulgated in accordance with R.S. 41:1734.