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R2024-110 Resolution Authorizing an Agreement with EcoMetrics, LLC for Services with the Regional Conservation Partnership Program
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R2024-110 Resolution Authorizing an Agreement with EcoMetrics, LLC for Services with the Regional Conservation Partnership Program
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4/19/2024 10:07:21 AM
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Resolution/Ordinance
Res Ord Num
R2024-110
Res Ord Title
R2024-110 Resolution Authorizing an Agreement with EcoMetrics, LLC for Services with the Regional Conservation Partnership Program
Department
Public Works
Approved Date
4/15/2024
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Funders Market value of $73,088,943 <br /> Carbon Credits <br /> Market value of $107,921,420 $234,480,919 <br /> Nitrogen Credits <br /> Market Value of $53,470,557 <br /> Phosphorus Credits <br /> Total Present Value $15,692,194,181 <br /> Net Present Value $15,413,413,782 <br /> Investment $139,390,200 <br /> Return on 110 <br /> Investment <br /> Financial Summary <br /> Total Net Value $15,413,413,782 <br /> Investment $139,390,200 <br /> Total Return on Investment 110 <br /> Given the robust water quality monitoring efforts being pursued by the RCPP team,the EcoMetrics <br /> analysis primary focus will be on the socio-economic outcomes, however EcoMetrics can also take the <br /> quantified water quality information and provide valuation of outcomes associated with changes in <br /> water quality. <br /> As reflected in the detailed scope below, an EcoMetrics project typically includes five major phases, <br /> consisting of a series of tasks. A detailed Scope of Work is provided in Appendix A: <br /> 1) Collection of key project information reflecting operational, biophysical,environmental, <br /> economic, and social/community parameters done via project owner interviews, peer- <br /> review research,and onsite data collection. <br /> 2) Engagement with key stakeholders, including identification, interviewing, and processing of <br /> interview feedback in accordance with Social Value International (SVI) protocols. <br /> 3) Creation of a customized version of the EcoMetrics platform that is aligned with the project <br /> type and expectations for the analysis.This allows for continued use of the platform for <br /> updated analysis without having to start from the beginning each time. <br /> 3 <br />
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