08/08/2024 | Press release | Distributed by Public on 08/08/2024 18:36
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Key Elements of the Carbon Offset Project Development RFP
(1) Purpose
This RFP seeks to engage qualified contractors with the experience and resources to develop and register forest-based carbon offset projects on State land (as authorized under AS 38.95.400 - AS 38.95.499 and 11 AAC 78) and market and sell the State's carbon offset credit portfolio.
Project areas may include the Tanana Valley State Forest, Haines State Forest and State forestlands in Mat-Su and Kenai.
(2) Cost
Designed to be at no upfront cost to the State.
Commission-based: contractor bears project costs in return for a share of project revenues (not to exceed 30%); contractor reimbursed for State's share of project costs upon credit sales.
If a project doesn't achieve credit sales, the contractor is compensated at an hourly rate (not to exceed $50,000 total).
(3) Scope of Work
Nine key tasks to be completed by the contractor:
(4) Project Schedule
STEP/TASK |
TARGET |
RFP Issued |
August 08, 2024 |
RFP Closed |
September 09, 2024 |
Contract Award |
October 15, 2024 |
Feasibility Study |
December 15, 2024 |
BIF/Listing |
April 1, 2025 |
Inventory |
October 1, 2025 |
Verification |
June 1, 2026 |
Credit Issuance |
October 1, 2026 |
* Offerors may propose an alternative schedule
(5) Evaluation Criteria
Experience (35%)
Favors contractors who have experience with similar types of projects, the resources to deliver on time and within credit estimates and knowledge of Alaska's unique opportunities and challenges.
Understanding of the Project (20%)
Favors proposals that show an understanding of the RFP's purpose, requirements and deliverables and highlight project benefits, including revenue, co-benefits and alignment with the State's management objectives.
Cost Proposal (20%)
Favors proposals that provide the greatest benefit to the State based on the contractor's proposed share of revenue.
Project Plan (15%)
Favors proposals that demonstrate a comprehensive and logical approach to accomplishing the scope of work, schedule, deliverables and specific project milestones.
Alaska Preference (10%)
Preference awarded to offerors with a valid Alaska Business License and who have maintained a place of business within the state for at least the preceding six months.
(6) Selection
Proposals are evaluated by a committee selected by the Department of Natural Resources.
The winning proposal is the highest score based on the evaluation criteria.
A Notice of Intent to Award a Contract will be sent to all offerors.Created 8/8/2024 4:13:38 PM by smolsen |
Department: | Natural Resources |
Category: | Procurement |
Sub-Category: | |
Location(s): | Statewide |
Project/Regulation #: | |
Publish Date: | 8/8/2024 |
Archive Date: | 9/10/2024 |
Events/Deadlines: |