Timber Sale Administration
Timber Sale Results
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Our timber sale administration procedures for landowners typically proceed as follows:
- Meet with client and discuss their management goals and objectives (hunting
opportunities, income from timber sale, wildlife habitat, reforestation,
aesthetics, recreational opportunities, etc.)
- Inventory property and prepare a management plan in accordance with goals and
objectives.
- Preparation work for timber sales, mark & gps sale boundaries, mark trees to
cut or leave, determine species, volume, and value of timber being harvested.
- Check all work for quality control.
- Have client review sale preparation work.
- Put the sale up for bid to as many qualified and reputable applicants as
possible. For some low value timber sales (typically small hardwood pulp timber
stand improvement sales) it is not cost effective to bid the sale out. In
these situations we recommend negotiating the sale with a logging company of
choice and usually sell the timber on a scale basis.
- After the bid is awarded, the down payments and security deposits are
collected. All financial transactions are run through the Metcalfe Forestry
escrow account. All logging contracts have provisions verifying compliance with
described standards of performance and insurance requirements.
- During the timber harvest we conduct site visits to ensure the logger is
meeting our expectations.
- After the harvest and after the logger meets all of the described standards,
including post-harvest cleanup operations, then the security deposit is
returned.
- Prepare timber depletion accounts & Form T timber tax forms are filled out
upon request.
The services that Metcalfe Forestry provides for the average client are as follows:
- Map making; topographic, aerial photographic, vegetative types, soil types,
trail maps, ect.
- Woods road location and layout
- Identifying and marking the trees to be cut
- All marking paint, orange ribbon, and other supplies
- Calculating the volume, grade, and value of marked trees
- Advertising your timber for sale
- Showing your timber sale to prospective buyers
- Selecting reputable logging contractors
- Identifying important timber sale contract requirements
- Drafting a legally binding timber sale agreement
- Inspection of your timber harvesting operation to ensure contract compliance
- Posting accounting reports for all timber sale transactions to ensure you
receive the best tax advantage
- Workers compensation and liability insurance
- Correspondence, phone calls and meetings
- Notifying you when your next timber harvest is possible