Timber Sale Contract. The Permittee shall enter into a Timber Sale Contract with the Purchaser as part of the Timber Sale Agreement. The Permittee shall furnish the Owner with a copy of this Timber Sale Contract.
Timber Sale Contract. Additional conditions and requirements common to all timber sales are listed on the timber sale contract (R4031) and are available on line at xxx.xxxxxxxx.xxx/xxx. Contact the Unit Manager for additional information or a sample contract. Within 21 days of the date of the award letter, the bidder must sign the contract and provide the required down payment, performance security, and verification of workers disability compensation. The down payment and performance security shall be in accordance with the provisions of the timber sale contract, in the sums stated in this prospectus. If these actions are not taken, then the Bidder, the Bidder's corporation, and the corporation's principals may not be permitted to bid on State timber sales for a period of 1 year. In addition, the Bidder certifies that if awarded this contract, the Bidder will complete the timber sale contract in accordance with its terms and any modifications thereof including requirements to purchase, cut, and remove the included timber by the termination date.
