NOTICE OF TIMBER SALE
PREQUALIFICATION SUBMISSION CHECKLIST
The University of Alabama will offer for sale merchantable timber, as designated by the University Forester, on a tract located in Tuscaloosa County. The timber will be sold by sealed bid which will be publicly opened at the Office of University Lands and Real Estate Services, on the University of Alabama campus, 1115 14th Street, Tuscaloosa, AL 35401, at 10:00 a.m. on December 6, 2022. Bids should be delivered to that office on or before that time, sent by email to cspark1@ua.edu, or sent by mail to The University of Alabama, University Lands and Real Estate Services, P.O. Box 870176, Tuscaloosa, Alabama 35487-0176. Only bids which are submitted on the bid form prepared by the Office of University Lands and Real Estate Services will be considered. No verbal or phone bids will be accepted. If a bid is mailed, the bid should be posted in sufficient time to ensure its receipt prior to the bid submission deadline of 10:00 a.m., December 6, 2022. Mailed bids should be marked “TIMBER BID, 12-6-2022” in the lower left-hand corner to ensure bid security.
A Performance Deposit in the amount of $3,500 will be required of the successful bidder to guarantee its fulfillment of the terms of the sale contract. In addition, a Timber Deposit of $10,000 will be required, and it will be deducted from the Timber Revenue upon the completion of the Final Harvest. The deposits will be required at time of execution of timber contract. Consideration and approval of the successful bid will be done December 6, 2022, by the University of Alabama Forester, to ensure the bids meet the proposed estimates approved by the University of Alabama Board of Trustees.
Purchaser of the timber (and logging contractor if not the same) must carry workman’s compensation insurance and both vehicular and general liability insurance in amounts of not less than $1,000,000 personal damage and $1,000,000 property damage. Bidder will add University as additional named insured on insurance. A certificate of insurance will be required upon the execution of the contract of sale.
It shall be the responsibility of the bidder to determine to his own satisfaction the volume of the timber offered for sale.
The University reserves the right to accept or reject any or all bids and to waive any informalities.
Pre-Qualification of the Bid will be required of all potential bidders. For a Pre-Qualification form, please contact the University Lands and Real Estate Services office. Pre-Qualification should be completed 48 Hours prior to bidding.
For a bid package, call the University Office of University Lands and Real Estate Services at 205-348-8561 during office hours. All information on these tracts can also be found online at the following address: http://universitylands.ua.edu/university-lands-bids/ .
