Examples of Offset Verification Statement in a sentence
An Offset Verification Statement for all subsequent reporting periods must conform with the timing for submittal of Offset Verification Statements found in section 95977 of the Regulation.
The Offset Verification Statement for the initial reporting period must be received by ARB or an Offset Project Registry within 13 months after the conclusion of the Reporting Period for which offset verification services were performed.
All New Projects must receive a Positive Offset Verification Statement from an ARB- accredited verification body within 12 months of signing an agreement with PG&E.
A New Project is one that has not yet received a Positive Offset Verification Statement as of the RFO offer due date, but will meet that criteria within twelve (12) calendar months after the effective date of a PG&E Agreement.
Yes, if the project within twelve (12) calendar months after the effective date of an Agreement has received a Positive Offset Verification Statement from an ARB-accredited verification body.
After an initial verification with a Positive Offset Verification Statement, reforestation offset projects and urban forest offset projects that meet the requirements of the applicable Compliance Offset Protocol may defer the second verification for twelve years, but verification of Offset Project Data Reports must be performed at least once every six years thereafter.
The independent reviewer must concur with the verification findings before the Offset Verification Statement can be issued.
Before the Offset Verification Statement is completed, the verification body must have the offset verification services and findings of the offset verification team independently reviewed within the verification body by an independent reviewer not involved in verification services for that Offset Project Operator or Authorized Project Designee during that year.
The verification body must provide the Offset Verification Statement to the Offset Project Operator or Authorized Project Designee and ARB or the Offset Project Registry, attesting to ARB whether the verification body has found the submitted Offset Project Data Report to be free of offset material misstatement, and whether the Offset Project Data Report is in conformance with the requirements of this subarticle and the Compliance Offset Protocol.
In the case of a Qualified Positive Offset Verification Statement, the verification body will qualify the Offset Verification Statement to indicate any non-conformances contained within the Offset Project Data Report and that these non-conformances do not result in an offset material misstatement.