Mitigation Credit Purchase

The Ohio Department of Transportation (ODOT) Competitive Selection IDV DOT09523-3 is a statewide contract for environmental mitigation credit procurement, specifically focused on stream and wetland restoration credits. The vehicle enables ODOT to purchase mitigation credits from approved providers to satisfy environmental compliance requirements under the Clean Water Act. The contract allows for the acquisition of mitigation credits across 36 different watershed areas in Ohio, with credit pricing varying by geographic location and ecosystem type, ranging from $300 to $520 per linear foot for stream credits and $61,000 to $87,000 per acre for wetland credits.

The contract is awarded to The Nature Conservancy (TNC) and will run from May 17, 2022, through May 31, 2026, with a recent two-year extension. As a multiple-award, competitive selection contract, it covers the entire state of Ohio and operates on an as-needed basis, with vendors required to provide cost proposals within 10 days of ODOT's Request for Work (RFW). The contract type is a competitive selection, with TNC serving as the prime contractor and providing comprehensive environmental mitigation credit services across Ohio's diverse watershed regions. While specific total contract value is not disclosed, the vehicle provides a structured mechanism for ODOT to procure essential environmental mitigation credits.