Credit tenders
May 2023 statewide credit tender - CLOSED
September 2023 statewide credit tender - Dates to be confirmed
Description:
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 September 2023 credit tender participants guide, which will be released two weeks before the tender opens. In the interim, the May 2023 statewide credit tender participants guide [.pdf] is available for reference.
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 subregion in which your property is located.
Important dates and documents
September 2023 statewide credit tender - dates to be confirmed
Credit Offer Portal
Click 'Credit Offer Portal' above to view the Wanted Credits List and to submit a bid.
Bids for the September 2023 statewide credit tender are to be submitted at a date, yet to be confirmed.
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.