State & Federal Mitigation Credits to Offset Wetland Impacts in SWFWMD Regulatory Basin Solicitation

The Florida Department of Transportation (FDOT) has posted an Invitation to Bid (ITB) to obtain competitive bids for the purchase of State and Federal Mitigation Credits to Offset Wetland Impacts for a roadway project along US 98 in the Hillsborough River Basin within the SWFWMD regulatory area. FDOT is seeking bids for the purchase of freshwater forested, freshwater herbaceous, and wood stork biomass mitigation credits to satisfy the anticipated wetland impacts for this project. Bidders must have approved banking instruments (permits) and available federal and/or state wetland mitigation bank credits and/or conservation bank credits that meet the project's requirements. Bidders must provide detailed documentation on the credits they are offering, including copies of their state and federal permits and current credit ledgers. FDOT will award the contract to the lowest responsive and responsible bidder(s) that can fulfill the mitigation needs, and reserves the right to purchase credits from multiple vendors if necessary. Pricing for the mitigation credits must be provided on a per-credit basis using the UMAM or converted UMAM assessment methodology, and FDOT will subject the winning bidder(s) to an on-site inspection prior to contract execution. Bids are due on April 10, 2023, and the intended award posting is scheduled for the same date.

The ITB does not specify any set-aside designations or restrictions on the types of organizations that can respond. The contract opportunity is open to all qualified bidders. The ITB does not provide any information on incumbent vendors or current contractors, nor does it indicate any existing infrastructure or technology that requires integration. The ITB also does not include any details on possible award values or budget ranges.