Bill > SB5157

This bill amends the Revised Code of Washington (RCW) 79.15.050 to modify the rules for selling valuable materials like timber or stone, specifically creating a new pathway for direct sales of materials used in habitat restoration projects. Previously, sales over $25,000 had to be conducted through public auction or sealed bids, with direct sales limited to values under $25,000. The new provision allows direct sales of valuable materials up to $250,000 to entities performing habitat restoration, subject to several key conditions: the department must determine the sale is in the state's best interest, the project must have all required permits, the project proponent must submit a report describing material usage, the materials cannot be resold or remanufactured for other purposes, the materials must be appraised at an "arms-length market value" (based on recent similar restoration project costs or average minimum bid prices), and all required fees must be collected. This change aims to facilitate more streamlined and efficient acquisition of materials for environmental restoration efforts while maintaining accountability and ensuring fair market value.