Mitigation Credit Purchase

The Ohio Department of Transportation (ODOT) Competitive Selection IDV DOT09523-4 is a statewide procurement vehicle designed to acquire environmental mitigation credits for stream, wetland, and ecological restoration projects. The contract enables ODOT to purchase mitigation credits from IRT-approved mitigation bank and in-lieu fee providers across various Ohio watersheds, including Ottawa, Raisin, St. Joseph, Maumee, Scioto, and Great Miami regions. This multiple-award contract allows ODOT to satisfy Clean Water Act and other state and federal environmental requirements by soliciting credits through a structured Request for Work (RFW) process, where vendors must respond with cost proposals and letters of intent within 10 days of receiving a request.

The primary contractor for this IDV is Red Stone Farm LLC, with the contract executed by the Ohio Department of Transportation. The contract is effective from May 17, 2022, with a recent amendment extending the performance period to May 31, 2026. The competitive selection contract covers the entire state of Ohio and operates as a multiple-award vehicle, with a current compensation rate of $75,000 per wetland credit. Multiple mitigation banks and restoration sites are included in the contract, such as Red Stone Farm Mitigation Bank, Shannon Valley Mitigation Bank, and Tuscarawas Mitigation Bank, providing ODOT with a comprehensive network of environmental credit providers.