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The commissioner will set the qualifications of persons entitled to bid for royalty oil, gas, or associated substances. If the commissioner finds that the bid award process would be facilitated by determination of those persons who are qualified to bid before the submission of bids, the commissioner will make those determinations in accordance with procedures set out in the invitation to bid. If the invitation to bid requires the advance qualification of bidders, bids will be accepted only from persons who the commissioner determines meet the qualifications of a bidder.
History: Eff. 12/12/80, Register 76; am 8/8/84, Register 91; am 5/22/93, Register 126
Authority: AS 38.05.020
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Last modified 7/05/2006