The book and claim compliance option is an accounting approach that decouples the environmental attributes from the physical product, thus allowing the environmental attributes to be transferred separately from the product itself. Book and claim only applies to compliance with PCC Section 16.60.025 (carbon intensity standard). Covered entities are required to meet the blend requirements of PCC Section 16.60.020 without averaging or the option to book and claim.
Book and Claim Sample Report
A sample book and claim report can downloaded here to prepare for the first reporting deadline for Q3 2024 on January 10, 2025. Q4 2024 book and claim reports are due on April 30, 2025.
Actual book and claim reports will be submitted online, through the RFS compliance database. Users will receive a notice by email when the form is available online.
Book and Claim Written Agreements
Covered entities who opt to report compliance through book and claim are required to have a written agreement with a fuel importer or position holder who accept responsibility for quarterly and annual compliance reporting on behalf of one or more covered entities. Written agreements must be fully executed and uploaded to the RFS program website when selecting the book and claim compliance option.
Written agreements can be in any form, such as an MOU, as determined by the parties, but they must include the following components:
- A commitment to submit true, accurate and timely compliance reports to BPS, as required by Section 6.E.1 of the RFS Interim Administrative Rules.
- A clear understanding of how parties will manage audits and any issues of non-compliance.
- A contact (including a full name and contact information) for each party who is authorized to respond to compliance and reporting issues.
- Physical site addresses covered by the agreement where motor vehicle fuels are stored, transferred, or sold.
- A signature from an individual from each party who is authorized to enter into agreements for their entity.