Amend_EIP_III_Credit_Co__LLC.pdf

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Attached to
Competitive Selection OH|DOT09523-1
Contract number
DOT09523-1
Issued by
Ohio

About this file

This document is an Amendment to ODOT Contract DOT09523-1 between the State of Ohio, Department of Transportation (ODOT) and EIP III Credit Co, LLC. The amendment was executed by authorized representatives from both parties, with Nathan Fling signing on behalf of ODOT's Director Jack Marchbanks and Kevin Roush representing EIP III Credit Co, LLC as the Assistant Director of Business Development.

The amendment extends the original contract's expiration date from May 31, 2024, to May 31, 2026, and includes price adjustments for environmental credits. Specifically, the stream credit price increases from $280.00 to $300.00, and the wetland credit price increases from $52,000.00 to $60,000.00. All other terms and conditions from the original contract, which was fully executed on May 17, 2022, remain unchanged. The document indicates this is a contract related to environmental mitigation credits, likely for transportation infrastructure projects.

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Text version

AMENDMENT TO ODOT CONTRACT DOT09523-1

BETWEEN

THE STATE OF OHIO, DEPARTMENT OF TRANSPORTATION

AND

EIP III Credit Co, LLC.

EXTENSION OF CONTRACT TERM

This AMENDMENT to ODOT Contract DOT09523-1 is entered into by and between the State of Ohio, Department of Transportation, (“ODOT” hereinafter), 1980 West Broad Street, Columbus, Ohio 43223, and EIP III Credit Co, LLC (“Vendor” hereinafter). Hereinafter, ODOT and the Vendor will be referred to as the “Parties”.

The Parties agree to amend the terms and conditions of the original Contract (which is a reflection of the original intent of the contract as documented by the pricing pages and communications) as follows:

A. The expiration date of ODOT Contract DOT09523-1 shall be changed from May 31, 2024, to May 31, 2026.

B. An increase in stream credit price from $280.00 to $300.00 and an increase in wetland credit price from $52,000.00 to $60,000.00.

C. All other terms and conditions in the original Contract fully executed on May 17, 2022, shall remain in effect and unchanged.

IN WITNESS THEREFORE, the parties hereunto have caused this AMENDMENT to ODOT Contract DOT09523-1 to be executed by authorized persons thereunto duly authorized as of the day and year last written below.

STATE OF OHIO EIP III Credit Co, LLC

DEPARTMENT OF TRANSPORTATION

Nathan Fling, Signing on behalf of Director By: ___________________________________ of Transportation, Jack Marchbanks Print Name: _____________________________

Title: __________________________________

Date: ________________________________

qDTkO901wv0L_gfUAyNMavpMA: 2024-05-24 13:58:51 UTC
qDTkO901wv0L_wIRbvOAIE4Y4: Kevin Roush
qDTkO901wv0L_bpPQ7s4T33UW: Assistant Director of Business Development
2024-05-24T13:58:58+0000
Client IP: 97.101.47.79, Transaction ID: q3sFx9pqBwgDn9Y8RlMyzILgGWg=
OneSpan
E-SIGNED by Kevin Roush (kevin@ecosystempartners.com), ID: fbabe85a-5156-40be-b41f-a15b06fc65b1
2024-05-28T19:02:35+0000
Client IP: 156.63.133.8, Transaction ID: q3sFx9pqBwgDn9Y8RlMyzILgGWg=
OneSpan
E-SIGNED by Max Fling (nathan.fling@dot.ohio.gov), ID: 509e4692-32b0-4735-954d-bd3a8e6ec3ec

File details come from the government source that posted it. Updated .