# Treas. Reg. § 403.56: All bids on unit basis.

Source: eCFR as of 2026-10-19 <https://www.ecfr.gov/current/title-26/section-403.56>.

All competitive bids shall be on a unit basis. Thus, for example, if a number of forfeited automobiles are advertised for sale at the same date, hour and place, whether or not in the same notice of sale, a separate individual bid is required as to each automobile. The Commissioner or his delegate will not accept one blanket bid to cover the entire group of automobiles offered for sale.