Saw Mill Creek Wetland Mitigation Bank Credit Sale RFEI

Submission Deadline
December 12, 2017 at 4:00 pm

Saw Mill Creek Pilot Wetland Mitigation Bank Information File

The Open RFEI is to provide interested Respondents with information about the sale of Credits and for NYCEDC to receive inquiries for the acquisition of the Credits. In their responses, Respondents should indicate Credit quantity, purchase price, and pertinent information about Respondent’s project(s) and permitting status for which Credits would be used.  The Open RFEI is not and shall not constitute an offer to sell or the solicitation of an offer to buy Credits.

NYCEDC plans to select Respondent(s) to either commence a separate and targeted auction process; or issue a separate and targeted competitive procurement process for the sale and purchase of the Credits on the basis of factors stated in the Open RFEI which include, but are not limited to the following criteria: (1) the purchase price proposed by the Respondent; (2)  the quantity of Credits requested by the Respondent;  (3) the location of the proposed project; (4) the proposed project(s) or intended Credit use; (5) the timing of the potential purchase of Credits and (5) the degree to which the Respondent demonstrates the Respondent’s full understanding of Credit usage. NYCEDC may elect to limit participation in an auction or other competitive procurement process to only those Respondents to this Open RFEI.

Respondents may submit questions and/or request clarifications from NYCEDC no later than 5:00pmon Wednesday, November 29, 2017. Questions regarding the subject matter of this RFEI should be directed to [email protected] . For all questions that do not pertain to the subject matter of this RFEI, please contact NYCEDC’s Contracts Hotline at (212) 312-3969. Answers to all questions will be posted by Wednesday, December 6, 2017, on this page.

Contact Info

Questions regarding the background of the Saw Mill Creek Pilot or the subject matter of this Open RFEI should be directed to [email protected] NYCEDC will not answer questions regarding applicability of Credits to Respondents specific permit(s). All such inquiries should be made of the appropriate regulator(s).