The U.S. Army Corps of Engineers, New Orleans District awarded a $3.08 million firm fixed price contract to First Louisiana Resource, LLC on September 10, 2020. The contract is for the purchase of 702 bottomland hardwood mitigation bank credits located in the Lake Pontchartrain and Mississippi River Basins watersheds to compensate for habitat losses from the Comite River Diversion Project and East Baton Rouge Parish Watershed Flood Risk Management Project being undertaken by the Corps. Specifically, 319 credits are required for unavoidable impacts from the Comite River project and 383 credits for the East Baton Rouge project. The solicitation sought credits from approved mitigation banks using an accepted assessment methodology and pricing would be based on the lowest price per credit. There was no set-aside designation for the contract.
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