Mitigation bank PPP project in Chalfont

project in tender

The project involves the design, construction, financing, operation and maintenance of a mitigation bank site spanning up to 140 acres near Chalfont, Pennsylvania, located in the north-east of the USA.  The private partner will be responsible for securing and complying with all required permitting and mitigation banking instruments to develop and provide on-demand mitigation credits for Pennsylvania Department of Transportation; commercialization of excess mitigation credits to third parties; and securing, maintaining and monitoring the mitigation bank site as required by the regulatory agencies. The different types of environmental mitigation available to the selected developer include but are not limited to wetland creation, wetland preservation, wetland enhancement, streambank restoration, threatened and endangered species habitat preservation or enhancement, stormwater controls, riparian buffer construction and pollutant reduction measures.

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