Document ID: chunk:federal_register_of_legislation:F2024C00787:front:0:p2
Version: federal_register_of_legislation:F2024C00787
Segment Type: other
Provision Reference: 
Character Range: 2800–5638

50 000 tCO2-e or less            Threshold A (small)
50 001 to 150 000 tCO2-e         Threshold B (medium)
More than 150 000 tCO2-e         Threshold C (large)

5.  Number of subsequent audits
  The number of subsequent audits required for eligible offsets projects (other than alternative assurance projects) that meet an audit threshold set out in Column I of the following table is the number set out adjacent to that audit threshold in Column II or Column III, as applicable, of the following table.

Column I              Column II      Column III
Audit threshold       New projects   Transitioning projects that are not required to have an initial audit
Threshold A (small)   2              3
Threshold B (medium)  3              4
Threshold C (large)   5              6

6.  Trigger audit threshold
  The trigger audit threshold for eligible offsets projects is 100 000 tCO2-e.

7.  Alternative assurance projects
  For the purposes of subsection 73(7) of the CFI Rule, an alternative assurance project must:

 (a) have its applicable methodology determination prescribed by column 3 of the following table; and
 (b) meet the criteria prescribed by column 4 of the following table; and
 (c) meet conditions on the project proponent related to the operation, monitoring or reporting for the project specified by column 5 of the following table.
  The number of scheduled audits, and whether the first audit is an initial audit, for an alternative assurance project is as set out in column 6 of the following table.

Item  Class of project                          Prescribed methodology determination                                                                                                                                                                                                         Project related criteria that must be met                                                                                                                                                                                  Conditions related to operation, monitoring, or reporting for the project that must be met  Number of subsequent audits required for projects that meet an audit threshold (CFI Rule paragraph 75(4)(b)), and whether the first is an initial audit (CFI Rule paragraph 75(4)(bb))

                                                (CFI Rule paragraph 73(7)(a))                                                                                                                                                                                                                (CFI Rule paragraph 73(7)(b))                                                                                                                                                                                              (CFI Rule paragraph 73(7)(c))