Alaska Department of Natural Resources

08/08/2024 | Press release | Distributed by Public on 08/08/2024 18:36

Request for Proposals (RFP) 2025 1000 0034 Carbon Offset Project Development Services

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Request for Proposals (RFP) 2025-1000-0034 Carbon Offset Project Development Services

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:

  1. Feasibility study
  2. Selection of a carbon crediting program and methodology
  3. Forest carbon inventory
  4. Project validation, verification, and registration
  5. Public and stakeholder outreach
  6. Market and sale of credits
  7. Recommendations on third-party credit ratings and market integrity labels
  8. Reporting of credit sales to the registry
  9. Ongoing project monitoring, reporting and verification

(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.

For more information on the Department of Natural Resources Carbon Offset Program visit www.dnr.alaska.gov/carbon.

Attachments, History, Details

Revision History

Created 8/8/2024 4:13:38 PM by smolsen

Details

Department: Natural Resources
Category: Procurement
Sub-Category:
Location(s): Statewide
Project/Regulation #:
Publish Date: 8/8/2024
Archive Date: 9/10/2024
Events/Deadlines: