Federal Freshwater Herbaceous Wetland Mitigation Credits-Peace River Basin

The Florida Department of Transportation (FDOT) is seeking to procure 0.91 federal freshwater herbaceous wetland mitigation credits within the Peace River Basin through a single-source procurement process. The procurement is specifically focused on obtaining environmental mitigation credits from EIP Credit Co., LLC in Baltimore, Maryland, to offset environmental impacts from a proposed transportation project. This acquisition is authorized under the Army Corps of Engineers 2008 Compensatory Mitigation Rule, which mandates purchasing mitigation credits from an approved wetland mitigation bank within the project's service area. The Horse Creek Mitigation Bank, managed by EIP Credit Co., LLC, is identified as the sole source capable of providing the required federal herbaceous wetland mitigation credits in the specified basin. The procurement is set for one year, with a posted date of September 5, 2025, and a final information receipt deadline of September 26, 2025. The solicitation's internal tracking number is DOT-SS-26-8023-JR-r, and the primary contact is Jamie Reyes from Florida's Turnpike Enterprise.

The procurement appears to be a direct, single-source acquisition without specific set-aside designations or restrictions on organizational respondents. The estimated dollar value for this procurement is $227,500.00, which covers the purchase of the 0.91 federal freshwater herbaceous wetland mitigation credits. No incumbent vendors beyond EIP Credit Co., LLC are mentioned, and the procurement does not indicate requirements for existing infrastructure or technology integration. The sole-source justification is predicated on the unique capability of the Horse Creek Mitigation Bank to provide the specific type and location of wetland mitigation credits required by the FDOT's transportation project. The procurement aims to efficiently manage environmental compliance requirements by directly purchasing credits from an approved mitigation bank that meets the geographic and ecological specifications of the project's service area.