Alaska Administrative Code
Title 11 - Natural Resources
Part 1 - Office of the Commissioner
Chapter 03 - Disposition of Royalty Oil, Gas, or Gas Liquids
11 AAC 03.060 - Award of noncompetitive disposal

Universal Citation: 11 AK Admin Code 11 AAC 03.060

Current through August 30, 2024

(a) A noncompetitive disposal will be made to the prospective buyer whose proposal reasonably offers the maximum benefits to the citizens of Alaska as determined by the commissioner. In determining which proposal offers the maximum benefits, the commissioner will consider the criteria described in AS 38.05.183(e).

(b) The commissioner will make the award determination in writing. In considering the criteria described in AS 38.05.183(e), the commissioner will state which criteria apply to the proposed disposition, and discuss the weight given to the applicable criteria in determining the maximum benefit to the state. The relative importance given to individual criterion by the commissioner in each disposal does not bind or require similar weighting in other disposals. The determination made under this subsection is the best interests determination described in 11 AAC 03.010(d).

Authority:AS 38.05.020

AS 38.05.183

AS 38.06.070

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