41 C.F.R. § 102-38.85 What is a sealed bid sale?
Title 41 - Public Contracts and Property Management
A sealed bid sale is a sale in which bid prices are kept confidential until bid opening. Bids are submitted either electronically or in writing according to formats specified by the selling agency, and all bids are held for public disclosure at a designated time and place.
Title 41: Public Contracts and Property Management
PART 102–38—SALE OF PERSONAL PROPERTY
Subpart B—Sales Process
Competitive Sales
§ 102-38.85 What is a sealed bid sale?
