In-Lieu Fees and Mitigation Banking [brochure]
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2016-01-01
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Abstract:This Every Day Counts initiative helps State departments of transportation (DOTs) and other agencies achieve significant time- and cost-savings during the permitting process established by the Clean Water Act. This tool expands the use of mitigation banking (MB), conservation banking, and in-lieu fees (ILF) to save time and expedite project delivery while protecting the environment. Now, MB and ILF better support compensatory mitigation, which is an effective way to offset unavoidable environmental impacts of a project once all practicable avoidance/ minimization effects are achieved. It includes wetland/stream restoration, preservation, and habitat protection for endangered species.
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