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This is a timber sale prospectus for the Hodgepodge **** sale in Marquette County, Michigan. Bids will be received by the unit manager for timber on described lands. The sale is a lump sum, sealed bid timber sale, awarded to the responsible bidder offering the highest sealed bid price. The advertised price is $120,**** for **** acres, including aspen and jack pine. Detailed estimated volumes and prices for various products and species are provided. A performance bond of $12,**** is required within 21 days of sale award. A 10% down payment is due within 21 days of award, credited towards the first unit cut. Subsequent payments are required before cutting begins in each unit. Operations terminate on 06/30/2030. The prospectus includes sale-specific conditions regarding boundaries, timber specifications, utilization, stump heights, damaged timber, transportation, road construction and maintenance, access, operations conduct, slash management, operating caution for wet ground, decking/landing restoration, soil protection, and safety/fire prevention. A presale conference is required prior to beginning operations. Bidders are advised to inspect the sale area and review all terms.
The operations on the contract issued will terminate on 06/30/2030.
The bid notice states that a ten percent 10% of the sale value must be paid within 21 days of the sale award, and this down payment will be credited towards the first unit cut. Payment for each of the following units must be made before cutting begins in that unit.
The bid notice states that a timber sale contract for this lump sum, sealed bid timber sale will be awarded to the responsible bidder offering the highest sealed bid price.
The bid notice states that a timber sale contract for this lump sum, sealed bid timber sale will be awarded to the responsible bidder offering the highest sealed bid price.
If the purchasers operations have cut or damaged special protection areas through carelessness, the purchaser shall pay triple stumpage as fixed, agreed and liquidated damages for each acre or part thereof cut or damaged.
The bidder is advised to inspect the sale area and review the location, estimated volumes, operating costs and contract terms of proposed sales.
The bid notice states that the advertised price for the Hodgepodge **** timber sale is $120,****.