FDOT - District One - Purchase of Fed. Mitigation Credits to Offset Wetland Impacts for SR31 at CR74

The Florida Department of Transportation (FDOT) - District One has issued an Invitation to Bid (ITB) for the purchase of federal mitigation credits to offset 1.5 acres of forested wetland impacts for the SR 31 at CR 74 project (FPID 441950-1) in the Peace River Southwest Florida Water Management District (SWFWMD) regulatory basin. FDOT is seeking bids for the purchase of both federal and state wetland mitigation credits, with the contract term lasting 24 months and FDOT reserving the right to purchase credits on an as-needed basis from the lowest responsive bidder(s). Bids are due by May 25, 2023 at 9:00 AM, with a public bid opening scheduled for 11:00 AM on the same day. Bidders must be registered with the Florida's MyFloridaMarketPlace system and possess valid state and/or federal mitigation banking permits covering the project's service area. Pricing will be evaluated based on cost per credit, and FDOT will apply in-state preference and other tie-breaking criteria if necessary.

Funding for the mitigation credits will be provided through FDOT project funds. The ITB does not mention any set-aside designations or restrictions on the types of organizations that can respond. Additionally, the ITB does not provide any information on incumbent vendors, current contractors, or existing infrastructure/technology that requires integration. The ITB also does not specify any award values or budget ranges.