27 C.F.R. § 72.62   All bids on unit basis.


Title 27 - Alcohol, Tobacco Products and Firearms


Title 27: Alcohol, Tobacco and Firearms
PART 72—DISPOSITION OF SEIZED PERSONAL PROPERTY
Subpart F—Administrative Sale or Disposition of Personal Property

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§ 72.62   All bids on unit basis.

All competitive bids, whether sealed or otherwise, shall be on a unit basis, i.e. if a number of forfeited automobiles are advertised for sale at the same date, hour and place, whether or not in the same notice of sale, there shall be a separate, individual bid required as to each automobile, and it shall not be permissible to accept one blanket bid to cover the entire group of cars offered for sale.

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