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

The Florida Department of Transportation (FDOT), Florida's Turnpike Enterprise, is issuing an Invitation to Bid (ITB) for the purchase of state and federal freshwater herbaceous and forested wetland mitigation functional credits to offset approximately 15.50 acres of wetland impacts for an FDOT project located in Lake County, Florida. FDOT seeks to establish one or more indefinite quantities contracts, with an initial term of one year, to procure the required mitigation credits from qualified vendors. Bids are due on September 24, 2024, with a public bid opening the same day, and FDOT intends to award the contract(s) to the lowest responsive and responsible bidder(s) based on the price per credit. The ITB outlines the technical specifications, method of compensation, and contract terms, as well as requirements for bidder qualifications, including valid state and federal banking instruments, current credit ledgers, and authorization to conduct business in Florida. The contract will be subject to the MyFloridaMarketPlace transaction fee, and bidders must be registered in the system by the bid due date.

The ITB does not specify any set-aside designations or restrictions on the types of organizations that can respond. The document does not mention any incumbent vendors or current contractors, nor does it provide any information about existing infrastructure or technology that requires integration. The ITB does not include any listed award values or budget ranges.