---
kind: "section"
citation: "32 C.F.R. § 274.7"
title: "32"
number: "274.7"
heading: "Acceptance of bids."
url: "https://uscodex.org/cfr/32/274.7"
---

# §274.7. Acceptance of bids.

- (a) **Opening bids.** Bids will be opened at the time and place specified in the public notice.
- (b) **Acceptance of successful bid.** The Secretary of Defense or his designee will notify any successful bidder of acceptance in the manner and form specified in the public notice.

## Notes

### Authority

Authority: Sec. 24, Foreign Military Sales Act (22 U.S.C. 2764) and Executive Order 11501 (34 FR 20169).

### Source

Source: 38 FR 858, Jan. 5, 1973, unless otherwise noted.