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  5. ›Purchase of Mitigation Credits to Offset Wetland Impacts…

Florida Department of Transportation (FDOT)·Florida

Purchase of Mitigation Credits to Offset Wetland Impacts for SR 789 (Gulf of Mexico Dr) Roundabout

Closes 5/12/2026$1M – $25MInvitation for Bid
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Description

The Florida Department of Transportation (FDOT) is seeking bids for the purchase of mitigation credits to offset wetland impacts for the SR 789 (Gulf of Mexico Dr) Roundabout project. The project requires mitigation credits for forested estuarine wetlands, and the FDOT is looking for vendors who can provide these credits. The contract will be for a 24-month term, and the FDOT will purchase credits as needed to meet project needs. Vendors must meet certain criteria, including having a valid state or federal mitigation banking permit, and providing documentation of available credits. The FDOT will evaluate bids based on cost per credit and availability of wetland type. • The contract is for a 24-month term • The FDOT will purchase credits as needed to meet project needs • Vendors must have a valid state or federal mitigation banking permit • Vendors must provide documentation of available credits • The FDOT will evaluate bids based on cost per credit and availability of wetland type

Attached files

Contact

Shawn George(Procurement Agent)

[email protected]

(863) 519-2610

Key dates

Opened
4/16/2026
Questions due
4/24/2026
Closes
5/12/2026
Duration
24 months

Last updated

Details

Type
Invitation for Bid
Industry
Environmental Services
NAICS
541620
Solicitation №
DOT-ITB-26-1352-SG

Budget estimate

$1,000,000 – $25,000,000

The budget for this opportunity is difficult to estimate, as it depends on the cost per credit and the number of credits purchased. However, based on the information provided, it appears that the FDOT is looking to purchase a significant number of credits, and the contract is for a 24-month term. Assuming an average cost per credit of $10,000 to $50,000, and an estimated 100 to 500 credits needed, the total budget could range from $1 million to $25 million. This is a rough estimate and should be used as a rough order of magnitude. Factors that may influence the likely payment range include the number of credits needed, the cost per credit, and the length of the contract.

AI estimate from the solicitation

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