Details for STATE TIMBER SALE CR410132, 3 BEAR CEDAR A
STATE TIMBER SALE
CR410132, 3 BEAR CEDAR
A public oral auction will be conducted at the Idaho Department of Lands office, 3130 Highway 3, Deary, ID 83823, at 10:00 a.m. local time, on Tuesday, September 8, 2020 for an estimated 9,115 MBF of timber marked or otherwise designated for cutting. In addition, there is an unestimated volume of forest products that may be removed at the option of the purchaser. Prior to bidding, eligible bidders shall present a certified check or bank draft payable to Treasurer, State of Idaho, or a bid bond acceptable to the State, in the amount of $236,871.40 which is 10% of the appraised net sale value of $2,368,714.00. The successful bidder's deposit will be forfeited to the State should the bidder fail to complete the contract. The State will not accept bids from parties who are delinquent on payments on existing state contracts. The average starting minimum bid price for Cedar is $512 per MBF and for Non-Cedar is $190.40.
The sale is located within Section 17, Township 39N, Range 01E, B.M., Latah County, State of Idaho. Sale duration is 4 years. The sale may include blowdown and/or insect and disease infected timber which may result in additional volume and recovery reductions. Interested purchasers should carefully examine the sale and make their own estimates as to volume recovery, surface conditions, and proposed construction prior to bidding on the sale. Additional information concerning the timber and conditions of sale is available to the public and interested bidders on the departments timber sale website at http://web.idl.idaho.gov/timbersale/Search.aspx or from the Idaho Department of Lands office, Deary, Idaho. Please note purchaser insurance requirements posted on the timber sale website.
The Department of Lands, as authorized by the State Board of Land Commissioners reserves the right to reject any and all bids provided that good and sufficient grounds for rejecting the bid shall be stated in the rejection notice and shall not be in violation of applicable law.
If you are disabled and need some form of accommodation, please call (208) 877-1121 five days prior to the date of sale. For text telephone services, please call 1-800-377-3529.
Thursday, July 30, 2020
Thursday, August 20, 2020