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(a) A contract under this chapter must state the date upon which the severance or extraction of timber or material under the contract is to be completed.
(b) A contract may be extended before its expiration if the director determines that the
(1) delay in completing the contract is due to unforeseen events beyond the purchaser's control, but not including events that a prudent bidder would take into account such as market fluctuations, equipment failures, or typical weather conditions; or
(2) extension is in the best interests of the state.
(c) A written request for a timber sale contract extension must be submitted to the division of forestry at least 30 days before the contract expiration date. A contract extension may not exceed one year.
History: Eff. 7/20/60, Register 1; am 6/24/62, Register 5; am 7/2/82, Register 83; am 3/15/97, Register 141; am 2/8/2001, Register 157
Authority: AS 38.05.020
Editor's note: The addresses for submitting requests for extension of timber sale contracts are: Coastal Region: Regional Forester, 400 Willoughby Ave., 3rd Floor, Juneau, AK 99801-1724; Interior Region: Regional Forester, 3726 Airport Way, Fairbanks, AK 99709-4609.
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Last modified 7/05/2006