Biodiversity Credits Supply Fund – 3rd Reverse auction for in-demand credits - SR4057427954

RFT ID SR4057427954

RFT Type Open Tenders

Published 28-Jun-2023

Closes 12-Jul-2023 5:00pm

Category Sustainability and environmental

Agency Dept of Planning, Housing and Infrastructure

Contact Person

Steven Chen
Phone: 0000000000
supplyfund@environment.nsw.gov.au

Tender Details

The NSW Department of Planning and Environment (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 Credits Supply Taskforce (the Taskforce) as part of the department. Through the Supply Fund, the Taskforce is conducting a reverse auction to purchase credits through a competitive process.

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 credits for which there is anticipated demand in the next six (6) months and provides an opportunity for owners of these credits and prospective owners of these credits to submit a bid to sell them to the Taskforce. Successful Bids will be selected through a competitive process.

Location

NSW Regions: Far North Coast, Mid North Coast, New England, Central Coast, Hunter, Cumberland/Prospect, Nepean, Northern Sydney, Inner West, South East Sydney, South West Sydney, Central West, Orana/Far West, Riverina/Murray, Illawarra, Southern Highlands

RFT Type

Open Tenders - An invitation to tender by public advertisement with no restriction placed on who may tender. Tenderers will normally be required to demonstrate in their tender that they have the necessary skills, resources, experience, financial capacity, and in some cases licences, accreditations, etc., to fulfil the tender requirements.

Related Records

Contract Award Notices:
- SR4057427954/RA306 Wat Buddha Dhamma Foundation Limited
- SR4057427954/RA331 Wee Waa Property Co Pty Ltd ATF Wee Waa Property Co Unit Trust
- SR4057427954/RA407 Wat Buddha Dhamma Foundation Ltd
- SR4057427954/RA408 Wat Buddha Dhamma Foundation Ltd
- SR4057427954/RA409 Angas Securities Limited
- SR4057427954/RA410 Climate Edge Pty Ltd
- SR4057427954/RA416 A GILL & A HOLT & M.T HOLT & K WAERN
- SR4057427954/RA433 Australia Oracles Pty Ltd
- SR4057427954/RA438 Ellerton Developments Pty Ltd
- SR4057427954/RA454 Department of Planning and Environment
- SR4057427954/RA465 Century Foundation Pty Ltd
- SR4057427954/RA503 John Fairley
- SR4057427954/RA516 Wat Buddha Dhamma Foundation Ltd
- SR4057427954/RA525 Glenara Pastoral Pty Ltd as Trustee for the Glenara Pastoral Trust
- SR4057427954/RA537 AM & JM Pty Ltd
- SR4057427954/RA539 J.C WALLACE & L.A WALLACE & M WALLACE & P.L WALLACE
- SR4057427954/RA541 Wat Buddha Dhamma Foundation Ltd
- SR4057427954/RA547 P&K Barton Pty Ltd
- SR4057427954/RA548 Roche Group Pty Ltd
- SR4057427954/RA552 KH Dixon (No.10) Pty Ltd
- SR4057427954/RA564 The Three Hundred Acre Wood Pty Ltd
- SR4057427954/RA565 Alexander Allan Gordon Henderson
- SR4057427954/RA574 Hilbrad Pty Ltd

Additional Details / Instructions

Bids must be submitted to SFBids@environment.nsw.gov.au by 5pm AEST Wednesday 12 July 2023. Bids submitted in any other way will not be accepted.

A webinar on participating in the reverse auction will be held on Monday 3 July 2023, from 2:00pm – 3:00pm AEST. A recording will be made available shortly after the webinar for those unable to attend.

Follow this link to register for the webinar

Address for Lodgement

Bids must be submitted by email to SFBids@environment.nsw.gov.au by the Closing Date and time.

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.