This is a contract whereby the buyer agrees to purchase all timber as designated for removal by the seller. Seller will also grant the buyer the right of ingress and egress to remove the timber from seller's land.
Idaho Timber Sale Contracts With
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How to fill out Idaho Forest Products Timber Sale Contract?
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This prospectus furnishes prospective bidders with information not contained in the published advertisement and is designed to enable bidders to decide whether or not to further investigate the sale. The prospectus is not a legally binding document, but is offered to provide general information about a sale.
Lump-sum sales are the simplest way to sell timber. Typically, the sale is put up for bid and each potential buyer submits an offer for the designated timber. Lump-sum sales require buyers to have accurate volume estimates by species and product type to establish their bid.
There are a number of forest harvesting systems (also called silvicultural systems) in practice in the state and the four most common are the clearcut, seed-tree, shelterwood, and selection harvest.
Private landowners typically use one of two methods when selling timber: competitive bids or negotiated sales. Both types of sales can be sold lump sum or by "pay as cut," also referred to as scaled product sales. The method used depends on several factors but is primarily based on demand for the material sold.
There are three major groups of timber harvest practices; clearcutting, shelterwood and selection systems. While each are different and are applied to specific forest types, they have three things in common: They provide wood fiber for thousands of every-day products.