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2007-254
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Last modified
6/3/2016 12:54:12 PM
Creation date
9/30/2015 11:01:04 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Work Order
Approved Date
07/24/2007
Control Number
2007-254
Agenda Item Number
14.B.3
Entity Name
Geosyntec Consultants, Inc.
Subject
Work Order No.11 Gas emission credits Chicago Climate Exchange
Supplemental fields
SmeadsoftID
6434
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Mr. Himarshu Mehta <br /> 13 July 2007 <br /> Page 9 <br /> Fee for providing offset account information $50 per request <br /> Fee for transaction $500 per transaction <br /> For the purpose of this proposal, Geosyntee proposes to use a phased-approach for this <br /> work and requests authorization of Tasks 1 through 3 . Tasks 4 and 5 will be performed <br /> depending on the market requirements and authorization from SWDD. Again, Task 6 r <br /> will only be performed if a favorable decision is reached by the CCX Landfill Gas <br /> Subcommittee on allowing trading of past emission offsets. Geosyntec will request <br /> authorization from SWDD prior to initiation of work. <br /> REVENUE PROJECTIONS FOR THE IRC <br /> Estimated rough revenue projections for the project are presented in Tables 1 and 2 . <br /> Assumptions used in these calculations are listed as footnotes to the table. Based on these <br /> calculations SWDD is expected to earn a total net revenue of approximately $370, 149 by <br /> trading offsets from years 2005 to 2010 at the CCX. <br /> SCHEDULE <br /> Geosyntec will be available for a kick-off meeting and site visit within one week of <br /> obtaining approval from SWDD. After review and approval from SWDD, the final <br /> report will be submitted to a CCX-approved independent verifier for review. A site <br /> visit will also be coordinated with the verifier. Geosyntec will closely work with CCX <br /> and its verifier during the review process. After approval/verification of the offsets <br /> Geosyntec will register them in the exchange, and sell offsets as directed by SWDD . <br /> Geosyntec will start the August through December 2007 offsets documentation <br /> activities as soon as obtaining approval from SWDD. <br /> According to the current volume, of estimated offsets based on the information provided <br /> by SWDD and in accordance with current CCX limits on the amount of yearly sales for <br /> a project, the sale of offsets registered for this project from years 2005 to 2010 is <br /> anticipated to continue until 2013 . Geosyntec will provide the services to sell the <br /> registered offsets from years 2005 to 2010 until 2011 . It is assumed that CCX will <br /> continue to operate beyond 2010. <br /> IRC CCX Pmposal.dcc <br /> engineers I scientists I innovators <br />
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