On November 27, the Department of Transportation announced it is issuing a request for qualifications (RFQ) to solicit a private partner to develop a wetlands mitigation banking project in southeastern Pennsylvania.

In addition, PennDOT will host an industry forum on December 18 to outline the P-3 concept for the project.

“Having such a wetlands bank will help expedite environmental clearances for important transportation and other development projects,” PennDOT Secretary Leslie S. Richards said. “Tackling such an issue shows how our innovative Public Private Partnerships law can have wide, beneficial impacts for Pennsylvania.”

PennDOT’s vision is that the P-3 partner will develop 140 acres for a wetland banking site in Chalfont, Bucks County.

PennDOT already owns the land and the proposed facility will provide on-demand wetland mitigation credits for both PennDOT projects and other private development projects that have wetland impacts within the same watershed.

PennDOT has been working with appropriate federal and state regulatory agencies to lay the groundwork for the project.

Interested parties have 60 days to respond with a statement of qualifications.

Click Here for a copy of the RFQ.

For more information on this program and other P3 solicitations, visit PennDOT’s Public-Private Partnerships webpage.

[Posted: Nov. 28, 2018]

12/3/2018