1. (a) The department may contract for services under AS 38.95.440 for a person to provide

   1. (1) carbon offset project-related services to carry out the purposes of AS 38.95.400 - .499, including

      1. (A) evaluation of the financial viability of a potential carbon offset project;
      2. (B) potential carbon offset project inventory and modeling;
      3. (C) developing and registering a carbon offset project;
      4. (D) verification of a carbon offset project;
      5. (E) marketing carbon offset credits;
      6. (F) selling carbon offset credits; and
      7. (G) monitoring, reporting, auditing, carbon reinventory and modeling, and baseline reevaluations of registered projects.
   2. (2) consultation with the department regarding implementation of the potential carbon offset project;
   3. (3) recommendations for potential carbon offset projects; and
   4. (4) data or research services necessary to complete a feasibility evaluation under 11 AAC 78.030 or a best interest finding under 11 AAC 78.050.
2. (b) A contract between a registry and the department under AS 38.95.400 - AS 38.95.499 does not need to comply with AS 36.30.
3. (c) A commission contract that involves in-kind payment of carbon offset credits must comply with AS 38.95.440(c).
4. (d) Except as provided in (b) of this section, a contract under this section must be consistent with AS 36.30 and 2 AAC 12.010 - 2 AAC 12.990.

(Eff. 7/19/2024, Register 251)

Authority: AS 36.30.850, AS 38.95.400, AS 38.95.440