; (B) lakes; (C) rivers; and (D) other surface bodies of water. (c) Program (1) Establishment The Secretary shall establish a competitive purchasing pilot program under which the Secretary shall purchase from eligible entities carbon dioxide removed from the atmosphere or upper hydrosphere. (2) Purchase In carrying out the pilot program under paragraph (1), the Secretary shall purchase, subject to the availability of appropriations, removed carbon dioxide from eligible entities— (A) until the date on which the first reverse auction is held under paragraph (3), by making a payment per net ton carbon equivalent basis to account for lifecycle greenhouse gas inputs to carbon removal in an amount determined by the Secretary; and (B) beginning with the first reverse auction held under paragraph (3), in accordance with the reverse auction procedures described in that paragraph. (3) Reverse auction procedures (A) In general Not later than 2 years after the date of enactment of this section, and annually thereafter, the Secretary shall conduct a reverse auction under which— (i) the Secretary shall solicit bids from eligible entities in each tier described in subparagraph (B)(ii) (referred to in this section as a permanence tier ); and (ii) eligible entities shall submit to the Secretary sealed bids describing— (I) a desired price for the removed carbon dioxide on a per net ton carbon dioxide equivalent basis; (II) the estimated net ton carbon dioxide equivalent removed by the eligible entity annually that the eligible entity desires the Secretary to purchase at the desired price; (III) details of the permanence of the removed carbon dioxide; (IV) details on the purity, location, and transportation options for the removed carbon dioxide to be purchased by the Secretary for purposes of the all-in costs