Timber Sale Bidding
Calculated timber volumes are advertised in a timber sale bid prospectus for each individual timber sale. The prospectus will detail all aspects of the timber sale that could influence the bid such as timber volumes separated by species and product, harvesting instructions, seasonal harvest restrictions, required road improvement and maintenance, the payment structure, and the bid due date. The bid prospectus is also accompanied by maps depicting the general location of the property and the specific harvest areas, access routes, and landing areas.
Once completed the bid prospectus is then circulated to a list of potential bidders that are given the opportunity to provide a closed seal bid. Closed seal bids benefit landowners, as competing loggers will not be able to see the price of the other offers, effectively forcing them to bid the maximum amount that allows them to make acceptable profits from the sale. The fees associated with our services are typically more than absorbed by the difference in bid price from the high to low bidder. Having a reputable consultant conduct a well-organized closed seal bid for your timber sale is the best way to maximize the value of the timber you are selling.
Lump-Sum vs Scaled Sales
There two common methods for selling timber, they are lump sum sales and scale sales. For simplicity, these two sale methods are summarized below.