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DOI/BLM | RIN: 1004-AE12 | Publication ID: Fall 2011 |
Title: Timber Sale Contract Modification | |
Abstract: This rulemaking would expand the Bureau of Land Management (BLM) existing authorities to extend or modify timber sale contracts on BLM-managed public lands. The rule would allow timber sale contracts to be extended or modified during severe declines in the timber market. Currently, timber companies must pay penalties if they do not harvest the timber as called for in their 3-year contracts with the BLM. The proposed change could help timer companies withstand severe market fluctuations with minimal cost to the Federal Government. The U.S. Forest Service and the Bureau of Indian Affairs already have similar authorities to modify or extend their timber sale contracts. | |
Agency: Department of the Interior(DOI) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 43 CFR 5470 | |
Legal Authority: 30 USC 601 43 USC 1181e 43 USC 1740 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Jon Menten Department of the Interior Bureau of Land Management O and C Forester, WO-270, Room 2134 LM, 20 M Street SE. , Washington, DC 20003 Phone:202 912-7234 Fax:202 912-7187 Email: john_menten@blm.gov |