Purchase of State & Federal Freshwater Herbaceous & Forested Wetland Mitigation Functional Credits

The Florida Department of Transportation (FDOT) is seeking to establish one or more contracts for the provision of state and federal freshwater herbaceous and forested wetland mitigation functional credits to offset state and/or federal wetland impacts in Citrus County, Florida. FDOT is looking to purchase a minimum of 5.0 and up to 10.0 UMAM, WRAP or MWRAP state freshwater herbaceous wetland mitigation functional credits, a minimum of 0.50 and up to 5.0 UMAM, WRAP or MWRAP state freshwater forested wetland mitigation functional credits for FPID 442764-2, and a minimum of 5.0 and up to 10.0 UMAM, WRAP or MWRAP state and/or federal freshwater herbaceous wetland mitigation functional credits, and a minimum of 10.0 and up to 15.0 UMAM, WRAP or MWRAP state and/or federal freshwater forested wetland mitigation functional credits for FPID 442764-3. The initial contract term is 3 years, with up to 3 additional 1-year renewal options. Bids are due by July 22, 2024 at 2:30 pm ET, with a public bid opening at 3:00 pm ET on the same day. The method of compensation is based on the Bidder's per credit pricing, with FDOT selecting the lowest responsive and responsible Bidder(s) to meet the overall mitigation needs for the project.

There are no set-asides for this procurement, and the contract is for indefinite quantities with no guaranteed minimum purchase. The Vendor must be authorized to transact business in Florida, hold the appropriate state/federal mitigation banking permits and credits, and comply with all applicable laws and regulations. While the budget range is not explicitly stated, the ITB indicates that costs for any contract renewals may not be charged, and FDOT has the discretion to grant a proportional increase in the total dollar amount based on the established method and rate if an extension is granted.