CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (parts 1700 to 1794) > PART 1780—WATER AND WASTE LOANS AND GRANTS > SUBPART D—Information Pertaining to Preparation of Notes or Bonds and Bond Transcript Documents for Public Body Applicants (§1780.80 to §1780.96-1780.100) > 1780.95—Public bidding on bonds.

1780.95—Public bidding on bonds.

Bonds offered for public sale shall be offered in accordance with State law and in such a manner to encourage public bidding. The Agency will not submit a bid at the advertised sale unless required by State law, nor will reference to Agency's rates and terms be included. If no acceptable bid is received, the Agency will negotiate the purchase of the bonds.