Are there registration requirements to conduct business with the State of Utah?
If you are a high bidder, you are required to register to conduct business with the State of Utah, if not already registered. (hhttp://corporations.utah.gov/)
When will I receive the invoice for the parcels I won?
Approximately one hour after Utah SITLA's sealed bid reveal (generally, the Monday after the sealed bid deadline of Friday), you will receive an email containing the invoice showing the total amount owed for the successful auction(s). If you do not receive the emails within one hour, please call EnergyNet at 877-351-4488.
When is the invoice due?
Submit the payment for the bonus and all fees within 2 business days, to EnergyNet, as indicated on the invoice you receive. For your convenience, one wire transfer for all funds due is acceptable.
What are the payment options?
Remittance to EnergyNet may be made by wire transfer or overnighted cashier's check. Full remittance instructions appear on the invoice.
What if the payer is different than the bidder?
If the payer differs from the bidder, simply reference the parcel information with the payment.