#Shareplus 55 plus#

The anticipated period of performance for this award is 66 months total, including 30 months for Phase 1 (Planning, Preliminary Design and Financial Close), followed by up to 36 months for Phase 2 (Construction, Commissioning and Performance Testing).įiscal year 2013? Fiscal year 2016? What is going on here? Yes, it’s the original $55M that was held back in case Nature’s Bioreserve was able to put a feasible project together, which doesn’t appear to have happened. Selected awardees will be required to share at least 50% of the total project cost. The Government will provide up to $47M Government share (plus Recipient share) for Phase 2. The Government will provide up to $8M Government share (plus Recipient share) for Phase 1.

Projects will be executed in 2 (two) Phases.

#Shareplus 55 plus#

There would be up to a $55M Government share plus $55M Recipient share. There will be just the one award, and the expected project would come in at $110M. This Title III project is aiming at “a complete value chain including Feedstock production, Chemical conversion and processing, and Fuels blending, transportation and logistics.” The time and the money Attention will be paid to enhancing merchant supplier capabilities in order to effectively serve the broad DoD and non-DoD communities. Proposals may take the form of either Brown Field expansion/modification of existing Pilot-scale facilities, commercial-scale facilities, or new Green Field construction. In Washington, the Office of the Secretary of Defense announced a $55M funding opportunity for a 10M gallon biorefinery capable of producing advanced drop-in bio-equivalent fuels suitable for military use.