0.03 Acres of Palestine Emergent Mitigation (PEM)- Jones County

The Iowa Department of Transportation is seeking a competitive quote to provide mitigation services for a very small parcel—0.03 acres—of Palestine Emergent Mitigation (PEM) land in Jones County. The unit price is defined as the total cost for acquiring this 0.03‑acre parcel, and the award will be based on cost and other factors such as compliance with mandatory requirements, staffing, schedule, past performance, and capacity. The solicitation is targeted toward accredited minority‑owned banks with standing with the U.S. Army Corps of Engineers, capable of providing wet‑land‑bank credits under USACE Permit #2026‑0483. Bids must be submitted by the closing deadline, and the contract will be issued via purchase order to the successful bidder. • Scope: Purchase and delivery of 0.03 acre wet‑land‑bank mitigation parcel in Jones County, Iowa. • Vendor requirements: Must be an accredited minority‑owned bank with USACE standing and able to provide required credits. • Evaluation: Cost plus mandatory requirements, staffing, schedule, past performance, and capacity. • Delivery terms: F.O.B. Destination; payment terms Net 60 with no discount. • Timeline: Posting 07 Oct 2026, bid closing 10 Oct 2026 1:00 PM CDT; award to be posted after evaluation.