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Tarpeh Timber Corporation, Timber Sale Contract, 2008
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Arbitration and dispute resolution

Failure by Tarpeh Timber to submit a claim (a written demand seeking the payment of money, adjustment or interpretation of... more

Page 31 ( Arts. B1.0, B8.3 )

Assignment or transfer

Tarpeh Timber shall not transfer this contract or any interests, rights, privileges or obligations under the contract without prior written... more

Page 13 ( Art. B2.3 )

Cancellation or termination

The Government can terminate the contract based on various breaches of contract by Tarpeh Timber. Such breaches include: (b) felling... more

Page 33 ( Art. B8.72 )

Confidentiality

The parties understand that section 18.15 of the National Forestry Reform Law guarantees to the public free access to all... more

Page 22 ( Art. B5.55 )

Corporate headquarters

Puku Villa, Robertsfield Highway, Adjacent Camp Falconer, Baptist Youth Camp, Paynesville, Liberia

Page 1 ( Cover page, cover page 2 )

Country

Liberia

Page 1 ( Cover page )

Date - contract signature

27/06/2008

Page 2 ( Cover page 2 )

Environmental impact assessment and management plan

The contract may be interrupted by the Forestry Development Authority of Liberia to ensure consistency with the Environmental Impact Assessment and related documents

Page 32 ( Art. B8.6(a)(ii) )

Environmental protections

Tarpeh Timber shall conduct its operations in a manner that promotes sustainable development of forest resources and environmental protection. It... more

Page 15 ( Arts. B3.4, B6.3, B6.32, B6.34, B6.35, B6.36, B6.37 )

Governing law

The contract is governed by the laws of the Republic of Liberia

Page 15 ( Art. B3.51 )

Hardship clause or force majeure

Force majeure means any cause beyond the reasonable control of the parties and which the parties could not foresee or... more

Page 32 ( Art. B8.5 )

Infrastructure

Tarpeh Timber is granted rights concerning construction of infrastructure by Section 18.8 of the National Forestry Reform Law of 2006,... more

Page 23 ( Arts. B4.21, B4.22, B6.14, B4.24 )

Infrastructure - third party use

Tarpeh Timber shall allow the Government and public to use, free of charge, any roads constructed, provided the use does not interfere with Tarpeh Timber's operations

Page 17 ( Art. B4.23 )

Land use outside of concession area

Tarpeh Timber shall use public land outside the contract area only with written approval from the Forestry Development Authority. The... more

Page 16 ( Arts. B4.12, B4.14 )

Local development agreement

Tarpeh Timber shall complete the Social Agreements required under Forest Development Authority Regulation 105-07. Once the Social Agreements are attested... more

Page 13 ( Art. B3.1 )

Local employment

Tarpeh Timber shall give preference to competent and qualified ECOWAS (Economic Community of West African States) citizens in the selection... more

Page 14 ( Art. B3.33 )

Location

The contract area lies within the latitudes 6°15'36 - 6°20'24" North of the equator and longitudes 10°3'36" - 10°9'36" West... more

Page 6 ( Arts. A1, A2 )

Name of company executing document

Tarpeh Timber Corporation

Page 1 ( Cover page )

Other - operational

Tarpeh Timber shal submit an annual operational plan to the Forestry Development Authority of Liberia at least 60 days prior... more

Page 22 ( Arts. B6.11, 6.12 )

Physical security or protection of property

Tarpeh Timber shall use all reasonable means to prevent encroachment by unauthorized persons into the contract area. However, it shall... more

Page 25 ( Art. B6.31 )

Protections or benefits for employees, dependents, or others

Tarpeh Timber shall follow internationally recognized, modern safety precautions in all activities and shall comply with written safety instructions supplied... more

Page 14 ( Arts. B3.31-B3.32 )

Renewal or extension of term

The contract is not renewable

Page 12 ( Art. B2.2 )

Reporting requirements

Tarpeh Timber consents to the Government or a designated representative conducting reasonable inspections of the contract area and premises. Tarpeh... more

Page 20 ( Arts. B5.3, B5.51 - B5.53, B8.8 )

Resource(s)

Timber

Page 12 ( Art. B2.1 )

Right to access concession area (non-contracting parties)

The rights of private land owners and the public are governed by Chapters 11 and 12 of the National Forestry... more

Page 12 ( Art. B2.11 )

Sacred, cultural, or historical sites

Tarpeh Timber shall identify in the annual operation plan and on the ground areas requiring special measures for the protection... more

Page 25 ( Art. B6.34(a) )

Signatories, company

David Tarpeh, President/CEO, Tarpeh Timber Corporation

Page 37 ( Signature page )

Signatories, State

John T. Woods, Managing Director, Forestry Development Authority; Tom Downing, Gemap Comptroller/FDA

Page 37 ( Signature page )

Size of concession area

5,000 ha

Page 6 ( Art. A1 )

Stabilization

If any statute or regulation referred to in the contract is repealed or amended, the contract shall be taken to... more

Page 9 ( Art. B1.0(iii) )

State agency, national company or ministry executing the document

Forestry Development Authority, Liberia

Page 1 ( Cover page )

Surface fees or rent

The land rental bid is US$ 5.00 per hectare per year. The land rental bid payment is calculated annually by... more

Page 7 ( Arts. A4, B7.11-B7.14 )

Term

3 years

Page 2 ( Cover page 2 )

Type of contract

Contract to manage timber sale area

Page 1 ( Cover page, Art. B2.1 )

Water use

Subject to the written approval of the Government and the Social Agreement (as called for under Forest Development Authority Regulation... more

Page 18 ( Art. B4.3 )

Year of contract signature

2008

Page 2 ( Cover page 2 )
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Metadata

Country

Liberia

Signature Year

2008

Resource

Timber (Wood)

Type of Document

Contract

Open Contracting Identifier

ocds-591adf-2948828982

Disclosure Mode

-

Land Matrix ID

#4992

More from

Liberia

More for

Timber (Wood)

This site provides summaries of contracts and their terms to facilitate understanding of their important provisions. These summaries are not interpretations of the documents. Neither the summaries nor the full contracts are complete accounts of all legal obligations related to the projects in question. This site also includes document text that was created automatically; such text may contain errors and differences from the original PDF files. No warranty is made to the accuracy of any content on this website.

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