This is a Forest Products Timber Sale Contract for Indiana. It is a sample forest products sale contract of marked timber, which is sold per 1000 board feet. It may be used by either a corporate or individual buyer or seller. Also included is an Indiana acknowledgement with an endangered species clause.
Indianapolis Indiana Forest Products Timber Sale Contract
Category:
State:
Indiana
City:
Indianapolis
Control #:
IN-E4003
Format:
Word;
Rich Text
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Description
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How to fill out Indiana Forest Products Timber Sale Contract?
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FAQ
Types of logs Electrode resistivity devices. Induction logging. Microresistivity logs. Spontaneous (SP) log.
There are three major groups of timber harvest practices; clearcutting, shelterwood and selection systems.
A typical timber sale contract usually contains the following: a description of the timber to be sold (estimated volume, number of trees and species), which timber will and will not be cut, the selling price (either lump sum or unit price), terms of payment, the location and boundaries of the sale, and time allowed to
To exercise the opportunity for mutual cancellation, the purchaser must submit a request in writing for each timber sale contract the purchaser seeks to cancel. The written request must be received by the BLM within 60 days of the purchaser's receipt of the BLM's letter.
The amount of stumpage you pay is based on the timber volumes, species and grades you report and the stumpage rates for your timber. If applicable, the bid you made for your timber licence will be calculated into your stumpage. You can look up stumpage rates using the Harvest Billing System.
With a stumpage sale, the buyer takes ownership of the timber from the landowner when the trees are harvested. Stumpage rates are proposed by the buyer (typically a logging contractor, forester, or mill) and stumpage paid to the landowner in exchange for the right to harvest their timber.
With a stumpage sale, the buyer takes ownership of the timber from the landowner when the trees are harvested. Stumpage rates are proposed by the buyer (typically a logging contractor, forester, or mill) and stumpage paid to the landowner in exchange for the right to harvest their timber.
To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report.
Profit margins for the supplier average 3 to 5.5 percent. In general, a profit margin reflects the amount of value added to the product during processing and the amount of risk associated with the endeavor. While loggers do not technically add value to the timber they process and deliver, they do turn trees into logs.