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 Utah Administrative Code (Current through November 1, 2019)
 R850. School and Institutional Trust Lands, Administration
 R850-70. Sales of Forest Products From Trust Lands Administration Lands

  R850-70-600. Competitive Sales  

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  •   1. Except for sales made under a Small Forest Product Permit pursuant to R850-70-400, sales of forest products, excluding wildland seed, shall be initiated by the agency and shall follow the procedures below:

      (a) All competitive sales shall be advertised through publication at least once a week for at least two weeks in one or more newspapers of general circulation in the county in which the sale is located. The cost of the notice will be borne by the successful applicant. This notice shall contain, but is not limited to:

      (i) the legal description of the affected lands;

      (ii) the species and estimated quantity of forest products;

      (iii) minimum sale price;

      (iv) bond amounts;

      (v) advertising and processing costs, as far as is known;

      (vi) dates of bidding period;

      (vii) date, time, and location of oral auction; and

      (viii) bidder qualifications.

      (b) Notice shall also be given to potential purchasers and other interested parties, whose names are on an agency maintained mailing list prior to any competitive sale.

      (c) Initial bidding shall be conducted through sealed bids. Each sealed bid must contain 10% of the bid amount and the application fee. The bidders submitting the three highest sealed bids shall be allowed to enter into an oral auction.

      (d) Sales shall be awarded to the highest qualified bidder unless a bidder has been previously disqualified, or is notified by the agency in writing within 10 business days of the auction that the bid will be disqualified, on the grounds of previous poor performance or other good cause shown. The agency shall declare the successful bidder within 10 business days of the bid opening. Failure of the successful bidder to execute a contract within 30 days of receipt may result in cancellation of the sale and forfeiture of all monies submitted.

      2. The agency may withdraw, at its sole discretion any forest products sale prior to contract execution. All fees associated with a withdrawn sale shall be returned to the purchaser.