STATE OF ALASKA DEPARTMENT OF NATURAL RESOURCES FAIRBANKS-DELTA AREA FORESTRY NOTICE OF TIMBER SALE AUCTION

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To be included in the auction, a timber sale must have a final Best Interest Finding and a Forest Land Use Plan adopted by DOF. DOF issued final decisions on 9/12/2024 following completion of the planning process with the public comment & agency review periods on August 23rd, 2024. (AS.38.05)

The STATE neither expressly nor implicitly warrants its quantity estimate, or the quality or marketability of the timber sold. Prospective bidders should visit the site and evaluate the timber before bidding. Estimates are used only to establish the minimum bid. Each operator is required to estimate their own costs and bid accordingly. The Delta Area auction will be in person and a live, oral outcry auction beginning promptly at 11:00 AM AKDT Friday, November 1st, 2024.

To qualify for bidding, all bidders must have, before the time and date listed above, submitted:

1. a current Alaska Business License, and
2. a minimum bid deposit of at least 10% of the opening bid (minimum), in the form of cash, certified check, cashier's check, money order, or any combination thereof, payable to the State of Alaska, Department of Natural Resources, DOF. Personal checks will not be accepted for the opening bid deposit.
3. If bidding as an agent for an individual, partnership, or corporation, prior to the opening of the submitted bid, the agent must present a notarized power-of-attorney authorizing such agency to the auctioneer.No agent may represent more than one principal or bid in competition with the agent's principal.

If no qualified bid is received within the time specified during the auction, DOF may offer the sale for purchase over the counter without re-advertisement for not less than the appraised value (advertised minimum bid). The State reserves the right to reject any or all bids. Unless all bids are rejected, the STATEwill award the sale based on the highest qualified bid.

If the winning bidder does not execute the contract and submit a performance bond within 30 days of following the auction, the bidder's bid deposit will be forfeited to the STATE as liquidated damages, and the successful bidder will lose all claim to the contract. The performance bond, plus any project bonds will be in the form of cash or certificate of deposit. The successful bidder must schedule a pre-operational meeting with DOF to review the contract and submit a logging plan for approval.

______________________________________________________________

ANDREW ALLABY, FAIRBANKS-DELTA RESOURCE FORESTER

DIVISION OF FORESTRY & FIRE PROTECTION

Attachments

• Delta_Nov2024_AuctionNotice.pdf

Revision History

Created 9/19/2024 11:12:48 AM by kdmeany