OTHERAPPROVED

Major grassland carbon agreement for Chancellor Ranch

The Colorado State Board of Land Commissioners authorized a Grassland Carbon – Ecosystem Services Agreement with Grassroots Carbon Public Benefit, LLC for a 51,548‑acre Chancellor Ranch project in Las Animas County. The 10‑year agreement is projected to generate over $4.1 million and commits the lands to long-term agricultural use.

Document date · August 6, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597)
Contract type
OTHER
Contract term
10-year PES Rider term followed by Board commitment to retain lands in agricultural use for at least 20 additional years
Renewal
PES Rider provides an initial 10-year term, followed by a Board commitment to keep lands in agricultural use for a total of 30 years from the contract’s effective date. Grazing lease AG 117597 is extended to align with the end of the first 10‑year period of the grassland carbon project.
Document type
AgendaPacket
Source document
Colorado State Board of Land Commissioners AgendaPacket 2026-08-12

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Colorado State Board of Land Commissioners (State Land Board) | State of Colorado?

Grassroots Carbon Public Benefit Llc was awarded this government contract by Colorado State Board of Land Commissioners (State Land Board) | State of Colorado, as recorded on August 6, 2026. The contract value is Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597).

How much is the Grassroots Carbon Public Benefit Llc contract with Colorado State Board of Land Commissioners (State Land Board) | State of Colorado worth?

The Grassroots Carbon Public Benefit Llc contract with Colorado State Board of Land Commissioners (State Land Board) | State of Colorado is valued at Approximately $411,577 per year; total approximately $4,115,770 over 10 years (projected gross revenue under PES Rider 117597).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Colorado State Board of Land Commissioners AgendaPacket 2026-08-12 (AgendaPacket), dated August 6, 2026 from Colorado State Board of Land Commissioners (State Land Board) | State of Colorado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Grassroots Carbon Public Benefit Llc hold?

Grassroots Carbon Public Benefit Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Colorado State Board of Land Commissioners (State Land Board) | State of Colorado currently buying?

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