I. INTRODUCTION
A. PURPOSE OF THIS REQUEST FOR PROPOSALS
The purpose of the Request for Proposals (RFP) is to solicit sealed proposals to establish a contract through competitive negotiations for the procurement of internet-based auctioneer services for the New Mexico State Land Office’s (NMSLO) monthly oil and lease sales and for other types of leases, on an as-needed basis.
B. BACKGROUND INFORMATION
NMSLO holds a monthly lease sale for oil and gas lease rights on New Mexico state trust lands (i.e. State-owned lands managed by the Commissioner of Public Lands, through NMSLO). The oil and gas leases are statutory leases and include the sale of helium and carbon dioxide, and the monthly sales are statutorily required. The lease sale is held at the NMSLO offices in Santa Fe. The NMSLO wishes to expand the pool of potential bidders by allowing access to the lease sale globally. In addition, NMSLO