Section 20.04.02.050 - BOND01.Amount of Bond. The bond specified in Section 38-122 and Section 38-404, Idaho Code, must be in the amount of four dollars ($4) per thousand board feet (MBF), or equivalent measure as shown in Table I below, of forest products harvested, and may take the form of cash, surety bond or irrevocable letter of credit. Surety bonds must be in substantially the same form as Department of Lands Form No. 707 - "Bond."02.Rates. Rates and amounts listed in Table I will be used as a minimum in calculating hazard reduction bonds for products cut from all state and private lands in Idaho. TABLE I |
PRODUCT | BOND RATE |
(1) MBF Measurement All Products | $4.00 MBF |
OR |
(2) Other Measurement |
Green pulp, stud timber, etc. | $2.00 Cord |
Lineal Foot Measure | |
Utility poles and pilings, all species | $.014 LF |
Stulls, corral poles, cellar timbers, fence rails, round posts | $.01 LF |
Piece Measure | |
100 inch bolt material | $.08 ea. |
Split posts | $.02 ea. |
Tree stakes | $.02 ea. |
Shake boards | $.02 ea. |
Ton Measurement | |
Green or Dead Pulp, Chips, etc. | $.70 Ton |
03.Exceeding Minimum Bond. The minimum bond rate will only be exceeded when the landowner or operator requests that higher rate to accomplish additional hazard reduction.Idaho Admin. Code r. 20.04.02.050