OFDC trade timber both in round as well as in sawn forms in different dimension from their specified depots. Once in every month there is auction of round timbers from its each depot through general auction on a pre-fixed date.
The auction details are advertised in local daily both in Oriya and English. Auction takes place at the timber depot site where purchasers gather and bid the purchase price in presence of the Divisional Manager and his subordinate staffs of a particular division. Before announcing the auction, lots are formed comprising different girth classes’ species wise. The prices quoted by the bidders are tabulated and sale is ratified in favour of the highest bidder.
In order to participate the auction, the interested person has to get registered and deposit a fixed percentage of the security deposit in the form of Bank Draft. In case he fails to succeed as a highest bidder, his security amount is refunded and in case of successful bidder the security amount is adjusted from the sale price.
Person interested to participate in the auction may contact the concerned Divisional Manager over phone or fax and can know the detail about the species ready for auction that is quantity, quality and girth, species wise.
One can also know through the concerned divisional manager about the formality and terms & conditions require to be completed for the purchase of timber. |
