Does anyone know the basic market price/acre or price/credit for securing contracts on off-site land that meets the SSc5 requirements? We obtained a Land Use Restriction Agreement from Pinhook Farm through the GFEX at $1,000/credit-year just recently (http://land.gfex.org - actually very simple, GBCI accepted them without any questions), but am curious if this is a reasonable market rate. Has anyone else used a brokerage like this before? We have another project coming up that may want to go after these credits again - does anyone have any recommendations on how to calculate a fair price?
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Trista Brown
Project DirectorWSP USA
456 thumbs up
July 9, 2013 - 4:48 pm
Hi Chris,
I haven't used a brokerage but I've contracted through an organization for just over $500/acre for 2 years, plus a $500 admin fee. Maybe others can chime in with how much they've been quoted in the past for this type of contract.
Trista