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Federal Timber Sales: Process for Appraising Timber Offered for Sale Needs to Be Improved: Rced-90-135 by Bibliogov (Paperback / softback, 2013)

About this product

About this product

Product Information

Pursuant to a congressional request, GAO reviewed the Forest Service's and Bureau of Land Management's (BLM) process for appraising timber offered for sale. GAO found that: (1) BLM and the Forest Service used the transaction evidence appraisal method to advertise timber sales because the method better estimated the timber's fair market value; (2) two of the Forest Service's main timber-producing regions used the residual value method because of limited staff resources and outdated data; (3) Forest Service regions received limited guidance and oversight from headquarters in implementing the appraisal method; (4) regions reduced their appraisal estimates to stimulate competition and compensate for any price inaccuracies; and (5) the Forest Service did t have adequate internal controls over the timber appraisal process. GAO also found that: (1) neither appraisal method ensured a minimum selling price that would adequately protect the government's interest and enhance revenues; and (2) BLM and the Forest Service advertised their fiscal year (FY) 1988 timber sales for less than the costs of preparing and administering the sales.

Product Identifiers

Publisher
Bibliogov
ISBN-10
1289144869
ISBN-13
9781289144869
eBay Product ID (ePID)
188582505

Product Key Features

Format
Paperback / Softback, Trade Paperback (US) ,Unsewn / Adhesive Bound
Language
English
Subject
Politics: General & Référence

Additional Product Features

Content Note
Black & White Illustrations
Out-Of-Print Date
02/02/2017
Date of Publication
01/06/2013
Country of Publication
United States

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