Circular No.: ESC/005/10/tl
Subject: Green Mark Incentive Scheme (GMIS) Fully Committed
Date: 8 Jan 2010
Officer-in-Charge: Lim Tian Lee
Referring to the Green Mark Incentive Scheme (GMIS), the Building and Construction Authority (BCA) would like to inform all that the GMIS has lapsed. The details are as follow:
Background
In December 2006, BCA rolled out the $20 million GMIS to encourage developers to strive for higher Green Mark (GM) ratings for their developments. After about one year of implementation, the scheme was enhanced in May 2008 to also incentivize architects and M&E consultants.
The GMIS expired on 14 Dec 2009 and a grace period of 6 months was given only for projects aiming for GM Goldplus or higher, subject to availability of funds.
Due to the overwhelming response, the $20 million cash incentive extended to developers and consultants is now fully committed. The scheme has therefore lapsed, with the Green Mark GFA bonus the only scheme available for new developments. For more information on Green Mark GFA bonus scheme, please visit the BCA’s webpage at http://www.bca.gov.sg/GreenMark/gmgfa.html .
For more information, you may like to contact Mr Patrick Poh from BCA at 6730 4456 or email to Patrick_poh@bca.gov.sg .
Thank you.
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