for sale in France
Timber is most of the time sold stumpage
and sometimes at road side. Timber buyers usually compete against
each other by way of bidding. Bidding is organized by forestry
management professionals by providing would-be competitors
timber cut descriptions, indications pertaining to the location,
date and time of upcoming sales as well as selling conditions
pertaining to each item put on to the market.
Other ways of buying timber are also possible
either by way of tender offers or on an arm’s length basis.
Public timber is most of the time sold by way of tender offers.
Usually volumes are predetermined by the
seller (or his professional representative). Potential buyers
are welcome to visit on location the cuts ready for sale and
to visually inspect or to sample the timber cruise provided to
them by the seller. If he so wishes he can also systematically
estimate each stem (or log) available for the sale.
Other sales methods are also possible by
way of bidding timber on a price per unit basis with the possibility
either for the buyer to cut and log the trees or for the seller
to commit himself to have the trees cut and logged to the road
side at a certain due date. After cutting is done, tree volume
is determined by specie and grade and the total value of the
sale is then computed. Payment takes place usually before hauling
unless a bond or some guaranteed bill of payment has been issued
to cover the transaction value.
When sold stumpage, timber is prepaid by
way of payment terms, say 1/3 cash upon contract signature, 1/3
due in three months time and 1/3 due in six months time. Other
terms of payments are available depending on owner’s wish
and size of sale. Terms payments are made by way of guaranteed
bank bills given to the owner upon the transaction. The owner
may then require his bank to have these bills cashed (at a discount)
and have the money accruing to his account.
You can look at the French side of this web
page under the heading:
“Coupes mise à la
vente” (Timber cuts put on sale) to see what is available
If you would need some translation help regarding
species, grades, terms of sale and what not, we will try to help
you become a competitor.
You can directly toggle back and forth
from here to get the timber sale particulars in French.