Credit tenders

3 April 2024BCT Credit Tender 24-01 opens

In a tender, applicants offer a price at which they are prepared to sell their credits. The BCT considers the bid price through a competitive, reverse auction process.

The tender is available to applicants who:

  • own existing credits created under the current Biodiversity Offsets Scheme (termed BAM credits); or
  • own existing credits created under the former BioBanking Scheme (termed BBAM credits) and have obtained a statement of reasonable credit equivalence to determine the equivalent number of BAM credits; or
  • are landholders establishing a BSA who have obtained a Business case as a minimum level of assessment.

Participants guide: Applicants for the tender are required to have read the Credit Tender 24-01 participants guide [.pdf].

Help for new landholders: Interested landholders can refer to the BCT’s Information for new landholders wanting to offer credits to the BCT webpage. This webpage includes a link to a map to assist in determining the sub region in which your property is located.

Important dates and documents

27 March 2024Wanted Credits List and Participants Guide - Now available
3 April 2024Tender opens to accept bids using the Credit Offer Portal
24 April 2024Tender closes 11:59PM

Credit Offer Portal

Click 'Credit Offer Portal' above to view the Wanted Credits List and to submit a bid.

Bids for the next credit tender are open 3 April 2024 and are to be submitted using the Credit Offer Portal, by 11:59PM Wednesday 24 April 2024.

Do you have questions about the tender? The tender Frequently Asked Questions (FAQ) Sheet may be of assistance. The FAQ Sheet is to be read in conjunction with the tender participants guide.