The U.S. Department of Energy (DOE) Office of Legacy Management (LM) is hereby offering specific parcels (tracts) of land for lease to the private sector for the exploration, development, and production of uranium and vanadium ores. These parcels are located in the Uravan Mineral Belt in southwestern Colorado, between the communities of Gateway and Egnar, Colorado. This solicitation is authorized by, and is being issued in accordance with, Title 10 Code of Federal Regulations Part 760, Domestic Uranium Program (10 CFR 760). This solicitation is web-based and all information available to DOE-LM for each of the nineteen (19) lease tracts being offered are provided herein, thus meeting the requirement outlined in 10 CFR 760, paragraph (e).

It is the intent of DOE-LM that the tracts be leased for active production of ore reserves rather than for speculation purposes. DOE-LM requires that due diligence be performed by all successful bidders to achieve this objective. Tasks deemed by the Realty Officer as valid due diligence include, but are not limited to, feasibility studies, cultural and historical investigations, threatened or endangered species investigations, development of exploration and mining plans, surface and underground development operations, exploration operations, and mining production.

The term of each lease shall be for a period of ten (10) years from the effective date of the lease, except as it may be sooner relinquished or cancelled pursuant to the provisions of the lease.

A deposit, in the form of a certified check, cashier’s check, or bank draft must accompany each bid for the amount specified in the “Introduction” narrative as the minimum annual royalty for that particular lease tract.

The successful bidder shall not have the option of assignment of said lease to a third party for the first thirty (30) months of the lease term.

Prospective bidders must be: (1) citizens of the United States; (2) associations of such citizens; or (3) corporations organized under the laws of the United States or territories thereof. Persons less than 21 years of age, DOE employees, and DOE-LM contractor employees (S.M. Stoller Corporation and its teaming partners) are not eligible.

Subject leases will be awarded to the highest qualifying bidders with an effective date of thirty (30) working days following the bid opening, subject to the following evaluation criteria approval:

• Confirmation of financial ability/surety to perform
• Confirmation of ore production capabilities
• Confirmation of U.S. based entity status
• Payment (U.S. dollars) of the minimum annual royalty for said lease tract
• Receipt of a letter of intent from the person or entity committing to perform as required and identifying the authorized representative

Sixty (60) calendar days are allowed for bid submittal, following notice on the DOE-LM website that bidder information is available. The apparent successful
bidder will then be notified in writing of their status and will have ten (10) working days (from the date of the notification letter) to provide responses to the aforementioned evaluation criteria. Bidders failing to meet the criteria within that time frame shall be considered nonresponsive. Twenty (20) working days will follow for evaluation of the information prior to final award.

Any lease relinquished or terminated by DOE-LM for cause, subsequent to award, shall then be offered to the next highest qualified bidder in the original bid process, at the amount of their original bid, regardless of time elapsed. In the event that the next highest bidder declines the offer, the offer shall be made to the next highest bidder in succession (Next-Right-of-Refusal), and this process shall continue until the offer is accepted.

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