Code of Federal Regulations · Section

§ 223.51 — Bid Monitoring

36 C.F.R. § 223.51

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Each Regional Forester shall monitor bidding patterns on timber sales to determine if speculative bidding is occurring or if Purchasers are bidding in such a way that they would be unable to perform their obligations under the timber sale contract. A Regional Forester shall propose to the Chief changes in service wide timber sale procedures, as they appear necessary, to discourage speculative bidding.

36 C.F.R. § 223.50 36 C.F.R. § 223.52

Authorizing Statute

Timber contract payment modification
16 U.S.C. § 618
Development and administration of renewable surface resources for multiple use and sustained yield of products and services; Congressional declaration of policy and purpose
16 U.S.C. § 528
Timber sales on National Forest System lands
16 U.S.C. § 472a
Forest products for traditional and cultural purposes
25 U.S.C. § 3055