11 AAC 71.090 - Pricing for sale of materials

(a) The commissioner will price material for sale under AS 38.05 and this chapter in accordance with this section.

(b) The commissioner will periodically establish base prices for material that represent the administrative cost to the state of conducting the sale. The base prices may vary by area to account for local conditions on administrative cost. The department will use the base prices for material sales at less than their appraised value to a government agency under AS 38.05.810(a).

(c) The commissioner will periodically establish representative sales prices for material that are an estimate of the material's fair market value. Representative sales prices may vary by area to account for local conditions, but may not be less than the base prices established under (b) of this section. The commissioner will, in the commissioner's discretion, sell up to 25,000 cubic yards of materials for the representative sales price without an appraisal.

(d) Except as provided in (b) and (c) of this section, material will be sold for its appraised fair market value. Appraisal methods will be those customarily used by the appraisal profession.

(e) The appraised fair market value for material sold under (d) of this section will consider operating costs unique to the material source. The sales price for material sold under (c) of this section will, in the discretion of the commissioner, allow for adjustments for operating costs unique to the material source, including

(1) testing for and removal of contamination caused by another party's previous use of the material; or

(2) road construction that will benefit the state after the sale is concluded.

(f) Repealed 6/21/98.

(g) Repealed 6/21/98.

Notes

11 AAC 71.090

Eff. 7/2/82, Register 83; am 6/21/98, Register 146

Authority:AS 38.05.020

AS 38.05.110

AS 38.05.115