United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2009_register executive 2009-08-13 article Rules and Regulations D09002ee1c8042b0e D09002ee1c804304e United States Department of Agriculture originator org United States Government Agency or Subagency United States Forest Service originator org United States Government Agency or Subagency This final rule revises the Forest Service's downpayment and periodic payment regulations to reflect changes in contracting procedures and authorities since these regulations were adopted in 1991. The changes remove obsolete references and procedures; make downpayments and periodic payments optional for stewardship contracts; allow downpayment and periodic payment amounts to be recalculated when contracts receive rate redeterminations; revise procedures for releasing downpayments; and allow downpayments to be temporarily reduced for certain delays, interruptions, or extensions. This final rule protects the Government's financial security, reduces speculative bidding, and encourages purchasers to harvest timber in a timely manner. In addition, the rule provides financial relief to timber purchasers when forest product prices drastically decline or purchasers receive additional contract time and are not expected to operate. 74 FR 40736 https://www.govinfo.gov/app/details/FR-2009-08-13/E9-19372 E9-19372 FR13AU09-7 RIN 0596-AC80 3410-11-P https://www.govinfo.gov/app/details/FR-2009-08-13/E9-19372 https://www.govinfo.gov/content/pkg/FR-2009-08-13/html/E9-19372.htm https://www.govinfo.gov/content/pkg/FR-2009-08-13/pdf/E9-19372.pdf Administrative Practice and Procedures Exports Forests and Forest Products Government Contracts National Forests Reporting and Recordkeeping Requirements 9 p. 40736 40744 74 FR 40736 Title 36 Part 223 36 CFR Part 223 RIN 0596-AC80 Sale and Disposal of National Forest System Timber; Downpayment and Periodic Payments; Federal Register Vol. 74, Issue RULE E9-19372 DEPARTMENT OF AGRICULTURE Forest Service 2009-09-14 3410-11-P E9-19372 Final rule.

This final rule revises the Forest Service's downpayment and periodic payment regulations to reflect changes in contracting procedures and authorities since these regulations were adopted in 1991. The changes remove obsolete references and procedures; make downpayments and periodic payments optional for stewardship contracts; allow downpayment and periodic payment amounts to be recalculated when contracts receive rate redeterminations; revise procedures for releasing downpayments; and allow downpayments to be temporarily reduced for certain delays, interruptions, or extensions. This final rule protects the Government's financial security, reduces speculative bidding, and encourages purchasers to harvest timber in a timely manner. In addition, the rule provides financial relief to timber purchasers when forest product prices drastically decline or purchasers receive additional contract time and are not expected to operate.

This final rule is effective September 14, 2009. Lathrop Smith, Forest Management staff, at (202) 205-0858, or Richard Fitzgerald, Forest Management staff, at (202) 205-1753. Individuals who use telecommunication devices for the deaf (TDD) may call the Federal Information Relay Service (FIRS) at 1-800-877-8339 between 8 a.m. and 8 p.m., Eastern Standard Time, Monday through Friday. Administrative Practice and Procedures Exports Forests and Forest Products Government Contracts National Forests Reporting and Recordkeeping Requirements Downpayment and Periodic Payments: Sale and Disposal of National Forest System Timber , http://www.census.gov/const/newresconst https://lsbe.d.umn.edu/departments/bber/bber_projects.php Vol. 74, no. 155 Office of the Federal Register, National Archives and Records Administration 2009-08-13 continuing daily deposited born digital 319 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2009-08-13 P0b002ee18001e450 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:FR13AU09 https://www.govinfo.gov/app/details/FR-2009-08-13 https://www.govinfo.gov/content/pkg/FR-2009-08-13/pdf/FR-2009-08-13.pdf https://www.govinfo.gov/content/pkg/FR-2009-08-13/xml/FR-2009-08-13.xml fdlp 40719 41031 DGPO 2009-08-13 2024-06-04 FR-2009-08-13 machine generated eng FR FR-2009-08-13 74 155