Notice of Intent to Sole Source - Terrebonne -NFL Mitigation Credits

The New Orleans District, US Army Corps of Engineers (CEMVN) seeks to purchase Brackish Marsh (BM) mitigation bank credits located in the Deltaic Plain, as specified below, to compensate for unavoidable habitat losses caused by the construction of the Terrebonne Non Federal Levee (TNFL), Terrebonne Louisiana Project within the Louisiana Coastal Zone (CZ).                      As part of CEMVN’s plan to mitigate for unavoidable impacts to CZ BM habitat caused by the construction of the TNFL Project, CEMVN will purchase BM mitigation bank credits able to mitigate CZ impacts (Louisiana Department of Natural Resources approved) in the Deltaic Plain.  The bank(s) from which credits will be purchased will be selected through a sole source process.  A mitigation bank meeting the eligibility requirements and having the appropriate resource type of credits may submit a proposal to sell credits.  CEMVN may enter into a contract to purchase the amount of credits necessary to meet 100% of CEMVN’s need at the time of purchase; however, CEMVN is not obligated to purchase a lesser quantity of credits than it requires.  Award will be made based on low-price, technically acceptable