Hoover Timber Sale

NOTICE OF SALE Department of Natural Resources & Conservation Timber Sale The Hoover Timber Sale is located within Sections 14, 16 & 22, T11N-R11W on the State's Anaconda Unit. Approximately 21,956 tons, consisting primarily of Douglas-fir sawlogs, are offered for sale. Sealed bids will be opened at the Department of Natural Resources & Conservation, 2705 Spurgin Road, Missoula, Montana on December 20, 2022 at 2:00 p.m. Bids may be hand delivered or mailed and will be accepted any time prior to the bid opening. DNRC recommends that bidders contact the Trust Land Management Division (406-542-4300) prior to the bid opening to ensure that your bid has been received. Bids must be accompanied by a deposit of $19,903.00, representing 5% of the minimum bid value of the sale in cashier's check, certified check, bank money order or bank draft to be applied to the first sale invoice for the successful bidder. Bid bonds will be accepted and, for the successful bidder, will be closed upon

execution of the Timber Sale Contract and Timber Sale Bond. The sale will be awarded to the highest responsible bidder. Award of the timber sale is conditional upon approval of the timber sale by the State Board of Land Commissioners at their December 19, 2022 meeting. If the successful bidder is unable to execute the contract within 30 calendar days from the date the sale is awarded, the bid deposit will be retained by the Department as liquidated damages. The right is reserved to reject any or all bids. Prospective bidders can obtain the sale prospectus, sale contract and bid forms from the Department of Natural Resources & Conservation, Trust Land Management Division, in Missoula (406-542-4300). Visit our website at http://dnrc.mt.gov/divisions/trust/forest-management/timber-sale-information for upcoming sales and bid results. http://dnrc.mt.gov/divisions/trust/forest-management/timber-sale-information TIMBER SALE PROSPECTUS STATE OF MONTANA DEPARTMENT OF NATURAL RESOURCES AND CONSERVATION Timber Sale Name: Hoover For specific sale information, contact: Sam Whitney Phone 406-542-5810 Missoula Unit Office For copies of the Timber Sale Contract and bid forms, contact: Phone 406-542-4300 Forest Management Bureau DNRC Missoula Office Phone 406-542-4200 Southwestern Land Office Missoula Office General Bidding Information 1. Bids must be submitted on Department of Natural Resources & Conservation (State) bid forms. 2. Timber will be sold to the highest responsible bidder; however, the State reserves the right to reject any or all bids. 3. The State recommends that bidders contact the Forest Management Bureau, Trust Land Management Division (406-542-4300) prior to the bid opening to ensure that your bid has been received. 4. A Bid Deposit must accompany all bids and must be in the form of cash, cashiers check, certified check, money order, bank draft, surety bond or irrevocable letter of credit. 5. The Purchaser must submit a Performance Bond to the State within 30 days of notification of sale award. The bond amount will be, at a minimum, 20% of the total bid value of the sale. The performance bond may be cash, irrevocable letter of credit, surety bond or certificate of deposit. The performance bond must be maintained separately from other payments for the duration of the Timber Sale Contract. See the Timber Sale Contract for additional information. 6. The purchaser must submit an Advance Stumpage Payment prior to cutting any timber. The amount of the advance stumpage payment will cover six weeks of harvesting and be based on the expected harvest rate and the bid value of the stumpage. The advance stumpage payment may be cash, irrevocable letter of credit, payment bond or certificate of deposit. 7. At rates specified in the Contract, the purchaser will pay Forest Improvement Fees on all sawlog volume. All applicable Road Use and/or Maintenance fees will also be paid by the Purchaser in addition to stumpage payments. 8. This sale is being sold based on the gross weight of all species. Minimum price and bid price are on a per ton basis. Unless otherwise specified, the price applies to all species, green and dead. Price may vary by product. Billing will be based on gross weight. A weight ticket from a certified scale is required for each load hauled, regardless of product type. 9. The State has estimated the net scale merchantable sawlog volume to be sold under this Contract. Other products may be part of this sale. All delivered wood will be weighed and billed at per ton bid rates. The State recognizes that a percentage of delivered wood may not meet the log manufacturing and recovery standards of the Timber Sale Contract. The actual percentage will vary based on the log manufacturing and recovery specifications of the purchaser and tree conditions in the sale area. The actual delivered weight may vary, resulting in an overrun or under-run of the estimated tonnage. The State strongly recommends that bidders evaluate these effects before bidding. 10. The State does not conduct detailed road appraisals. All appraised costs are gross estimates or averages, provided only to show the relative amount of work required, and not the true market value. The State strongly recommends that bidders make their own estimates based on Contract requirements. Cost estimates provided are not guaranteed. 11. Bidders are encouraged to examine the complete Timber Sale Package and Sale Area prior to bidding. Additional information is available at the phone numbers shown above. 12. Estimates for sale volume, species percents, defect, product class, etc. provided in this prospectus and volume estimates listed in the Timber Sale Contract are not guaranteed. 13. This prospectus is provided for information purposes only. If the prospectus is in error or contradicts the Timber Sale Contract, the Contract governs. PROSPECTUS Version January 2018 2 Additional Sale Information: • Requirement for all Units, except Unit 1402: All unhealthy trees with poor crowns, greater than 7’’ DBH but not meeting sawlog recovery standards, and that are not designated to leave, will be cut and then using a combination of: cut into a pulp log, skidded to a landing pile or slashed in the unit. Scattered clumps of greater than 7” DBH trees can be left in the unit as wildlife habitat, this needs to be approved by the Forest Officer and usually will be under a half acre. • This sale includes 5.5 miles of new road construction and 13.9 miles of road maintenance (See Attachment B and Road Appraisal). • The Purchaser shall be responsible for 1 (one) application of Tordon, 2- 4- D and Escort on approximately 13.88 miles road. (42 total acres) spot spraying existing knapweed and houndstongue. The application shall be completed prior to July 15, 2025. Herbicide application shall only occur between May 15 through July 15. Road spray width shall be 25 feet. Any changes to the herbicides used must be approved by the Forest Officer. • Pulp and firewood are optional to haul at $0.50/ton. • All harvest units must be completed by October 15, 2025. • Disregard black or old paint. • Access is through private land and potential bidders need to contact Sam Whitney at 406-207-1235 to setup a meeting before traveling to this area. Timber Sale Information Sheet Montana Department of Natural Resources and Conservation Page 1 SPECIES PP DF WL LP ES GF RC AF WP WH Dead TOTAL or AVE Minimum Bid per ton $18.13 Pounds per cubic foot 54.0 56.0 57.0 40.0 Estimated tons of sawlogs 20604 660 45 648 21,956 tons Estimated tons of non-sawlog material 500 71 0 25 596 tons Gross MBF 4155 90 10 460 4,715 MBF % Cull and Breakage 29.3 16.4 25.0 72.8 33.3% Net MBF 2937 75 7 125 3,145 MBF Average logs per MBF 33.1 58.8 11.9 53.2 34.5 logs/MBF Average DBH 11.7 8.0 24.0 10.7 11.4 in. 24 tons/ac 3.4 MBF/ac 89 2,808 10.7% Conversion Factor - Estimated tons hauled per thousand Scribner board feet 6.98 tons/MBF Contract Termination Date: Operating Period: Average tons to cut per acre Average MBF to cut per acre Calculated Sampling Error: Total cruised volume will fall between Tons Per Thousand Board Feet 21,956 estimated tons / Hoover Contract Information 11/15/2025 6/15 - 3/1 Depending on soil moisture Total Average TPA Cut and 3,482 Net MBF in 9 out of 10 cruises Timber Sale Cruise Data (Scribner 5.6" top DIB, Filter: All | All | Cut) 3,145 Net MBF Timber Sale Information Sheet Montana Department of Natural Resources and Conservation Page 2 $230,856 $10.51/ton $73.41/MBF $11,250 $0.51/ton $0.00/ton $0.00/ton 5.5 miles 0.0 miles 13.9 miles 0.0 miles 19.4 miles Unit # Acres Est Tons Est MBF Harvest Deadline 1401 118.16 1400 200 October 15, 2025 1402 187.04 5838 836 October 15, 2025 1403 49.63 1728 248 October 15, 2025 1404 93.05 3217 461 October 15, 2025 1601 40.52 336 48 October 15, 2025 1602 113.17 512 73 October 15, 2025 1603 157.39 5679 813 October 15, 2025 2201 94.37 2142 307 October 15, 2025 2202 65.89 1104 158 October 15, 2025 % of volume logged by clearcut or seed tree cut % of volume logged with tractors 95% 100% Road development and maintenance fees and estimates Estimated road development cost total Forest Improvement fee quarterly installment $11,417.12 Estimated haul distance (paved) Yarding distance tractor (average) Yarding distance skyline (average) 20.0 miles 700 ft. 0 ft. Yarding distance other system (specify) $68,502.72 $21.75/MBF 12.0 miles Forest Improvement fee estimated total $3.12/ton Estimated haul distance (unpaved) Forest Improvement fee perMBF Estimated Purchaser-do slash disposal work per ton $0.00 $0.00/ton $1.39/ton $30,510 Estimated Purchaser-do FI per ton Estimated Purchaser-do slash disposal work total Estimated Purchaser-do FI total $ Forest Improvement fee per ton Miles of road reclamation or abandonment Estimated road development cost per ton Estimated road development cost perMBF Private road maintenance charges per ton % of volume logged by skyline Miles of road construction Miles of road reconstruction Miles of road with site improvements Estimated Purchaser-do road maintenance cost total Estimated Purchaser-do road maintenance cost per ton 00% Unit harvest volume Purchaser fees and estimated costs 0 ft. USFS road maintenance charges per ton Logging Information 00%% of volume logged by other system (specify) Miles of road maintenance and blading Hoover Timber Sale VICINITY MAP Hoover Timber Sale Section 14, 16 & 22 Township 11 N Range 11 W Powell County