D = (OSV+AC) - (PR+RSV), where:
D = Damages and Expenses
OSV = Original Sale Value (timber only -- does not include project value). The original sale value shall be adjusted to reflect estimated overruns or underruns on recovery sales.
AC = Administrative Costs. These costs include both the field and office costs required for the preparation of the defaulted parcel for resale. These costs also include rehabilitation or regeneration delay costs, legal service costs, interest, and other costs allowed by law.
PR = Payments Received
RSV = Remaining Sale Value. The value of the remaining timber shall be determined using the Department's estimate of remaining volume, multiplied by the dollar values stated in the contract.
Or. Admin. Code § 736-018-0135
Stat. Auth.: ORS 390.121(3)
Stats. Implemented: ORS 390.121