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DRAFT FOR PUBLIC REVIEW & COMMENT 570 Evaluation: Expert, third-party judges from academia, business, and government will review 571 proposals in October 2021. Judges will consider innovation, measurement approach, the 572 impact of improved ability to measure carbon removal and sequestration for a given pathway, 573 team resources and capabilities, and project plan feasibility when evaluating proposals. Judges 574 may reach out for further clarification or additional information if needed. 575 More detailed evaluation criteria will be provided following the selection of the Judging Panel. 576 Conditions of Award: Award payments will be made in two tranches. The first tranche will 577 deliver 50% of the award at the time of award in November 2021. The second tranche will 578 deliver the remaining 50% of the award following the completion of a predetermined project 579 milestone, may be linked to milestones, to be decided by the selection committee. Teams must 580 provide progress reports at each milestone. Teams must also provide evidence of IP rights in 581 the form of an MOU countersigned by their university’s technology transfer office or other 582 suitable documentation. Version 1.0, April 22, 2021. Copyright XPRIZE Foundation 27PDF Image | XPCR Draft
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