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. Please note purchaser insurance requirements posted on the timber sale website. 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 department’s timber sale website at or from the Idaho Department of Lands office, Sandpoint, Idaho.
The sale is located within Sections 5 & 6, Township 57N, Range 03W, B.M., Bonner County, State of Idaho. Sale duration is 3 years. The average starting minimum bid price for Cedar is $756.50 per MBF and for Non-Cedar is $233.30. Prior to bidding, eligible bidders shall present a certified check or bank draft payable to Idaho Department of Lands, or a bid bond acceptable to the State, in the amount of $125,201.15 which is 10% of the appraised net sale value of $1,252,011.50. 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. In addition, there is an unestimated volume of forest products that may be removed at the option of the purchaser. local time, on Tuesday, Jfor an estimated 3,825 MBF of timber marked or otherwise designated for cutting. A public oral auction will be conducted at the Idaho Department of Lands office, 2550 Highway 2 W., Sandpoint, ID 83864, at 9:00 a.m.