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Auctions and contracts

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16 August 2016
ERF

This page provides the guidance material and forms you need to qualify for auction participation and register your project to participate in an auction. It also provides a copy of the standard terms of the Carbon Abatement Contract you will enter into if successful at an auction, as well as supporting material for the contract.

​Important Information

The Clean Energy Regulator will hold the fourth Emissions Reduction Fund auction on Wednesday 16 November and Thursday 17 November 2016.

The documentasset:Guidelines for the fourth ERF auction provide information about how the fourth auction will be conducted.

For key dates for the upcoming auction see Planning for an auction.

Auctions​

Auction qualification form

This form must be used to apply to qualify to participate in an Emissions Reduction Fund auction for the project(s) specified in your application.

Through this form you will also be making an offer to the Clean Energy Regulator to enter into a Carbon Abatement Contract on behalf of the Commonwealth of Australia relating to the project(s), and providing the commercial terms of that offer.

You can apply online using the Clean Energy Regulator Client Portal.

Auction registration form

This form must be used to apply to register to participate in an Emissions Reduction Fund auction for the project(s) covered by your application.

Through this form you will also provide the delivery terms of your offer for the p​roject(s) to the Clean Energy Regulator.

You can apply online using the Clean Energy Regulator Client Portal.

We have developed two information sheets to help you with planning your delivery schedule and reporting, crediting and permanence periods.

Documents for download:

Authorised bidder form

This form can be used to appoint an authorised bidder in addition to the authorised bidder(s) appointed by you when you completed the auction qualification form. You can also use this form to remove any appointed authorised bidder.

An authorised bidder appointed for a participant and a project has authority to:

  • apply to register the participant for Emissions Reduction Fund auctions for the project
  • submit the delivery terms for the offer for the project, and
  • make and withdraw bids and provide the financial terms of the offer for the project at Emissions Reduction Fund auctions.

Documents for download:

 

Bidding in an auction for a project(s) is the third stage in establishing your Carbon Abatement Contract. If you wish to bid, you must provide the financial terms of your offer for the project to the Clean Energy Regulator using the auction bid form. 

The Clean Energy Regulator will email all authorised bidders an Approach to Market identifier (ATM-ID) and passcode. This ATM-ID and passcode will be required by you to locate and access the auction’s restricted Approach to Market (ATM) in AusTender during the bidding window for the auction. The email will contain the attached and partially pre-populated auction bid form, which will contain: 

  1. the Contract Identifier (this identifies the offer to which the bid relates), 
  2. and authorised bidder name and details.

The ONLY requirement will be to enter the unit price in numbers to complete the auction bid form. 

Bidding process once the Auction Qualification and Auction Registration forms h​ave been successfully approved:

  1. Receive bid email with ATM-ID and partially pre-populated bid form.
  2. Complete the bid form by entering the bid price and save it as a word document. Do not print and scan this document as a pdf.
  3. Log onto AusTender using the ATM-ID.
  4. Upload the complete bid form to AusTender.

Auction guidelines

Auction guidelines have been produced to help you understand the auction process. We will conduct auctions in accordance with these guidelines.​

Documents for download:

Contracts guidance

Carbon Abatement Contract – code of common terms

We have developed standard terms for a Carbon Abatement Contract that successful bidders will enter into. These are known as the code of common terms.

Available documents

Documents on this page Documents on this page

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