Mitigation Credit Purchase

The Ohio Department of Transportation (ODOT) Indefinite Delivery Vehicle (IDV) DOT09523-5 is a statewide mitigation credit purchase contract designed to facilitate the acquisition of stream, wetland, and environmental mitigation credits. This competitive selection contract enables ODOT to procure mitigation credits from IRT-approved mitigation banks and in-lieu fee providers across various Ohio watershed regions, including Ottawa, Raisin, St. Joseph, Maumee, Scioto, and Great Miami. The IDV supports ODOT's obligations under the Clean Water Act and other state and federal environmental requirements, allowing the agency to purchase credits through a Request for Work (RFW) process that specifies location, type, and quantity of required credits.

The prime contractor for this IDV is the Stream & Wetlands Foundation, with the contract originally executed on May 17, 2022, and recently amended to extend the performance period from May 31, 2024, to May 31, 2026. The contract is a competitive selection, multiple-award contract covering the state of Ohio, with a firm, fixed-price structure for mitigation credits. Pricing is consistently set at $285.00 for stream credits and $55,000.00 for wetland credits across most regions, with specific mitigation banks offering varying credit prices. The contract allows for multiple vendors to be awarded and provides a standardized mechanism for ODOT to procure environmental mitigation credits through a structured, transparent process.