There are three areas of cost associated with registering a project:

  • Project development costs – Resources necessary for a developer to pay internal staff and (if applicable) external contractors to design the project and create the necessary documentation. These costs should be estimated by the project developer.
  • Plan Vivo Foundation costs – Fees associated with the review process that are directly payable to the Plan Vivo Foundation. These can be found on our costs and fees webpage.
  • External auditor costs – Fees associated with paying a Validation and Verification Body (VVB) or Independent Expert (IE) to validate the project (depending on whether a project is macroscale or microscale). For VVBs, this can typically range between $15,000 and $25,000 depending on VVB, project size and location. IE fees are more varied but typically lower than a VVB.

After registration, a project should consider the ongoing fees associated with project coordination, PVC issuance and verification events. More information is provided in the Procedures Manual and costs and fees webpage.