Wetland Credits - Vendor Q and A Addendum 2.docx

DOCX document 15 KB Posted

Attached to
Wetland Mitigation Credits, Upper Mississippi River
Solicitation number
24-494DOT-FINAD-B-40599
Issued by
Cook County, Illinois

About this file

This document is an Addendum to an Invitation for Bid (IFB) issued by the Illinois Department of Transportation (IDOT) for the purchase of 24 wetland mitigation credits. The IFB provides details on the contract term, which is a one-time purchase that will expire on December 31, 2024. The IFB also addresses questions from vendors regarding the timing of the contract award, the expected timeframe for the purchase of credits, and whether IDOT intends to purchase all 24 credits.

The IFB indicates that the contract will be executed upon award, and the purchase and payment for the credits should be made within the timeframes outlined in Sections 4.18 and 4.1.6 of the IFB. The IFB also specifies that this is a one-time purchase, and the contract will expire on December 31, 2024.

View the file

Other files

On GovTribe

Work with this file

  • Download the original file
  • Contacts named in this file
  • Similar government files
  • Ask GovTribe AI about this file

Text version

Illinois Department of Transportation Invitation For Bid (IFB) Vendor Questions and Answers – Addendum #2

B-40599/ 24-494DOT-FINAD-R-198388

1. When will a contract be issued?

Response: Please refer to the IFB document A.6 and A.17.

2. Can this solicitation define the contract to be executed by March 30, 2024?

Response: The term of the contract is upon execution. Please refer to IFB 3.1

3. Will the credits be purchased immediately upon execution of the contract? If not, what is the expected timeframe? Could the contract require purchase and payment within 30-days of an executed contract?

Response: “The resulting contract with the awarded Bidder for a one-time purchase and shall expire December 31, 2024.” For purchase and payment, please refer to the IFB sections 4.18 and 4.1.6.

4. Is it the intent of this solicitation for IDOT to purchase all 24 wetland mitigation credits?

Response: Please refer to the IFB 2.1.2

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