New Orleans to Venice, Bottomland Hardwood, Coastal Zone, Mitigation Bank Credits

The US Army Corps of Engineers, New Orleans District (CEMVN), seeks to purchase Bottomland Hardwood (BLH) mitigation bank credits located in the Barataria Basin watershed, as specified below, to compensate for unavoidable habitat losses caused by the construction of the New Orleans to Venice (NOV), Louisiana Project within the Louisiana Coastal Zone (CZ).

As part of CEMVN’s plan to mitigate for unavoidable impacts to CZ BLH habitat caused by the construction of the NOV Project, CEMVN will purchase BLH mitigation bank credits able to mitigate CZ impacts [Louisiana Department of Natural Resources (LDNR) approved] in the Barataria Basin.  The bank(s) from which credits will be purchased will be selected through a competitive solicitation/award process.  Any mitigation bank meeting the eligibility requirements and having the appropriate resource type of credits may submit a proposal to sell credits.  CEMVN may enter into one or more contracts to purchase the amount of credits necessary to meet 100% of CEMVN’s need at the time of purchase; however, CEMVN is not obligated to purchase a lesser quantity of credits than it requires. A separate contract shall be executed for each bank credit purchase.  Award will be made based on the lowest-price, technically acceptable source selection process.