Home / Carbon Farming / BidCarbon Standard Scheme / Carbon removal contract / Step 4 - Delivery and payment

Want to participate in the auction

➜

Apply

Step 1

➜

Establishing a contract

Step 2

Delivery and payment

Step 4

Reporting and auditing

Step 3

➜

Last updated 27 July 2025

Contracts under the BidCarbon Standard Scheme follow BidCarbon Climate Trading Company's contract management principles and plan. These provide guidance on handling non-performance and making discretionary decisions related to contracts.

Contract management

Understanding carbon removal contracts
Contract management principles
Managing carbon abatement contracts

If you have a contract with BidCarbon Climate Trading Company, you are obligated to deliver BidCarbon removal units (BRUs) according to the agreed schedule. Consistency with the contract terms is expected from your end. The delivery transaction will take place in BidCarbon Unit and Certificate Registry and must be made from your BRU account.

Delivery of units

delivering units and receiving payment
claiming BRUs
BRUs as non-financial products
delivering units and receiving payment

Payment for units

Once BCUs have been transferred from your BRU account to the BidCarbon Climate Trading Company account, you will receive payment at the agreed auction price specified in the contract.

Payment for the BCUs will be made within 20 business days of the date of delivery.

Taxation and ownership of BRUs