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Not becoming the project proponent

Last updated 18 November 2025

You might choose not to become the project proponent on the project declaration or may not meet the fit and proper person requirements. Once probate is granted, you can still:

● transfer BRUs from the deceased’s BUC Registry account

● apply for BRUs for reporting periods that ended before the deceased passed away

● perform project activities 

● submit offsets reports to meet our reporting obligations.

However, if you are not named as the project proponent, you can’t apply for BRUs for reporting periods that end after the deceased passed away but before the project assets are distributed. This may mean the project loses eligibility for those BRUs .

If you don’t become named on the project declaration as the proponent, the beneficiaries or purchasers may want to claim BRUs for a reporting period that will end before the project assets are distributed or sold. To do this, they must become the project proponent before the end of the reporting period.

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Reporting and Audits for the Project

Learn about the reporting and auditing requirements for the BidCarbon Standard Scheme project.

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Selling or buying BidCarbon Standard Scheme project property

Find out what you need to consider when selling or buying BidCarbon Standard Scheme project land.

Apply for BRUs

This guide will assist you in learning how to apply for BidCarbon removal units, which can be sold on the secondary market or to the BidCarbon Climate Trading Company.

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Learn more