Biodiversity Credits Supply Fund – 9th Reverse auction for Biodiversity credits
Tender ID: 612504
Tender Details
Tender Description
Project goals
The NSW Department of Climate Change, Energy, the Environment and Water (the department) established the Biodiversity Credits Supply Fund (the Supply Fund) to accelerate the supply of biodiversity credits available to meet demand from major projects and infrastructure development. The Supply Fund is operated by the Conservation, Planning and Offsets Division (CPO) as part of the department. Through the Supply Fund, CPO is conducting a reverse auction to purchase credits through a competitive process.
Credit offers will be assessed against price criteria. If your price is accepted, the department will seek a buyer for your credits for the following six months. If a prospective buyer is identified for your credits, the department will contact you to confirm whether the credits are still available for purchase at the price you offered in your bid.
Credits purchased through the Supply Fund will be re-sold to public or private proponents to meet their offset obligations or to other credit buyers seeking to buy credits for philanthropic or strategic purposes. Proceeds from the sale of the credits will be re-invested in the purchase of more credits to provide long-term investment in biodiversity and credit supply.
This reverse auction is seeking all types of biodiversity credits.
Scope
Conditions for Participation
To view the conditions of participation, please email supplyfund@environment.nsw.gov.au and request a copy of the Participant’s Guide and Bid Form.
Address for Lodgement
Bids must be submitted to SFBids@dcceew.nsw.gov.au by the Closing Date and Time
Bids submitted in any other way may not be accepted.
Opportunity requirements
1. Conditions of Participation
To view the conditions of participation, please email supplyfund@environment.nsw.gov.au and request a copy of the Participant’s Guide and Bid Form.
Address for Lodgement
Bids must be submitted by email to SFBids@dcceew.nsw.gov.au by the Closing Date and Time.
Response type
Radio button (Custom, Single select)
- I understand that bids will only be accepted if submitted to SFBids@environment.nsw.gov.au
Related files
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Location
Category
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