DOT-SS-26-8023-JR-r.pdf

This document is a Description of Intended Single Source Purchase (PUR 7776) from the Florida Department of Transportation, Florida's Turnpike Enterprise. The agency seeks to purchase 0.91 federal freshwater herbaceous wetland mitigation bank credits for current needs within the Peace River Basin (HUC#03100101), with a focus on offsetting environmental impacts from a proposed transportation project. The procurement is for one (1) year, with a posted date of 9/5/25 and a last day for receipt of information of 9/26/25. The internal tracking number is DOT-SS-26-8023-JR-r, and the contact is Jamie Reyes from Florida's Turnpike Enterprise.

The estimated dollar amount for this single-source acquisition is $227,500.00, with EIP Credit Co., LLC in Baltimore, Maryland identified as the intended sole source. The justification for single-source procurement is based on the Army Corps of Engineers 2008 Compensatory Mitigation Rule, which requires purchasing mitigation credits from an approved wetland mitigation bank within the project's service area. Specifically, the Horse Creek Mitigation Bank (through EIP Credit Co., LLC) is noted as the sole source capable of providing the required federal herbaceous wetland mitigation credits in the Peace River Basin. The procurement is authorized to purchase credits for current and future use directly from the mitigation bank, with the goal of promoting efficiency, meeting project timelines, and managing transportation project environmental requirements.