A Big Thank You!!!
Our first call for Expressions of Interest closed on 13 October.
We would like to thank all those parties that submitted a project for consideration. We appreciate and are very encouraged by the countrywide support. We received over 40 submissions targeting approximately 1.7m hectares (over 6%) of New Zealand landscape. We are currently evaluating the submissions and will be in touch with all parties in due course.
The Board aims to approve the first projects for PF2050 investment by mid-February 2018 (subject to completion of negotiations and due diligence with short listed parties). PF2050 will work closely with the proposers to ensure agreed milestones and outcomes are met.
Importantly, PF2050 will continue to work with the proposers of high potential projects not successful in the first round of funding for possible future investment support.
|12 September||Call for Expression of Interest (EoI) issued – Now Closed.|
|13 October||Proposals to be submitted by 5pm – Now Closed.|
|16 Oct-17 Nov||Key applicant representatives need to be available during this period to discuss and meet where required with the PF2050 CEO.|
|24 November||A Request for Proposal (RfP) issued to the 2-4 ‘best’ prospects.|
|22 January||Full proposals received; review and assessment commences.|
|Mid February 2018||PF2050 board approval of investment into first 1-3 projects announced (Subject to completion of due diligence, negotiations and documentation with short listed parties).|
Predator Free 2050 Limited (PF2050) is an independent Crown owned company that has been established to help achieve the Government’s ambitious goal to rid New Zealand of possums, rats and stoats by 2050.
These three introduced predators have been identified as key contributors to the decline of our natural heritage, with 3,000 of our native species classified as threatened or at risk and 800 classified as facing extinction.
The Crown has set interim goals for completion by 2025 as follows:
- Increase by 1 million hectares the area of mainland New Zealand where predators are suppressed, through PF2050 projects.
- Demonstrate that predator eradication can be achieved in areas of mainland New Zealand of at least 20,000 hectares without the use of fences.
- Achieve eradication of all mammalian predators from New Zealand’s island nature reserves.
- Develop a breakthrough science solution capable of eradicating at least one small mammal predator from the New Zealand mainland.
PF2050 seeks Expressions of Interest from parties that are capable and committed to helping PF2050 and New Zealand achieve these ambitious goals. PF2050 is required to secure matching investment of $2 for every $1 of Crown investment. Accordingly, any proposed landscape scale projects need to be able to demonstrate the ability to provide sufficient funding to meet these financial parameters.
Criteria for Selecting PF2050 Projects
PF2050 has developed the criteria listed below to evaluate Expressions of Interest.
PF2050 through the EoI process wishes to identify regional/local councils, communities, mana whenua, businesses, NGO’s and/or other entities who have predator eradication initiatives either underway or contemplated which can contribute toward meeting its interim (2025) goals identified above.
The initial focus will be on identifying ‘investable’ exemplar projects that can be contracted and commenced in early 2018. While emphasis will be given to initiating large scale projects on the mainland, proposals for larger offshore islands which offer transformational biodiversity gains, the opportunity to trial new approaches to predator eradication, and/or working with land owners and communities will also be considered.
The criteria are:
- Scale and geophysical attributes – the project should be ambitious in scale and seen to be so. While some projects might commence at several thousand hectares, the proposal should indicate why the project exemplifies an approach or behaviour that can be quickly extended or replicated at a larger scale if successful. Geophysical attributes will include “defendability” of the area once predators are suppressed or eliminated. As noted above, proposals for large offshore islands will be considered.
- Biodiversity gain – the project should contribute to substantial biodiversity gains across the land area under consideration. The protection and/or establishment of habitat that will enhance outcomes for New Zealand’s priority endangered species should be identified.
- Alignment with PF2050 mission and interim goals – the proposal should clearly demonstrate alignment to and how it will assist achievement of PF2050 interim (2025) goals (listed above).
- Timing and measurability of gains – the proposal should offer credible evidence of the timeframe in which the goals are to be delivered. Specific intermediate milestones that the proponents believe will provide compelling evidence of progress on the plan, and against which they are willing to be measured, should be specified.
- Land owner support and participation – projects should show evidence of collaboration between all relevant landowners and interested parties i.e. adjoining landowners, Maori, DoC, Local Councils, etc that will ensure multiple land owner support across the target landscape.
- Maori partnerships – where a Maori entity is not the project lead and where applicable, relevant Maori hapu or iwi should be involved in the formation of the project and be collaboratively engaged in the ongoing delivery. PF 2050, where applicable, are seeking projects that have or are proposing to have a strong emphasis on Maori collaboration and partnerships
- Management (expertise and capacity) – the project management team should have proven experience and capacity given the scale and complexity of the proposal and demonstrate that they have access to the technical resources required to deliver the project.
- Funding and level of co-investment – the proposal should provide sufficient evidence of the sources of funding, proposed or existing, for at least the potential for 2:1 matching funding from parties who are shown to be compatible, have the capacity, and are willing to commit cash and other resources to achieving the project goals.
- Community support – the proposal should clearly articulate the degree of local community support for the project and how they will be engaged and their opinions heard in the design and implementation of the plan.
- Health & Safety – the proposal should be able to demonstrate that the participants are aware of their responsibilities under the Health and Safety at Work Act 2015 (HSWA), that the project is committed to ensuring the health and safety of its workers and others affected by the work it carries out.
- Alignment with Science Strategy and Research – opportunities for the proposal to contribute to the advancement of scientific research in the predator free area such as by field trialing and evaluating the effectiveness of a novel technology or combinations of technologies and management systems should be specified.
- Sustainability of gains – the proposal should address the need to secure predator free status for the proposed project area including the basis on which investors can have confidence that future landowners of properties within the project area can be required to maintain the predator free status of that land.
- Exit Strategy – the proposal should address how the project goals and predator free status can be sustained post PF2050 investment.
Formulation of an Expression of Interest – Currently Closed
The EoI should ensure sufficient information is supplied to:
- Identify parties with a high potential (per the above criteria) to mount a successful landscape scale predator-eradication programme for which a full RfP could be called.
- Provide contact details along with the biographies of key personnel and other applicable information that will allow the best proposals to be ranked and short-listed.
- The necessary information should be distilled in to no more than 4-6 pages. Maps and images showing the scale of the landscape project should also be included.
By submitting an EoI the participant represents and agrees that he/she has been authorised by the participant/s to make this EoI on its/their behalf.
PF 2050 is not bound to accept any particular response received and may or may not choose to proceed to a RFP process.
PF2050 will continue to work with the proposers of high potential projects not successful in the first round of funding for possible future investment support.
Please e-mail any questions regarding the EOI process to email@example.com