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Applicant-Sponsored |
Mitigation Banking |
Requires purchase and/or dedication of land for mitigation. |
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Requires approved Habitat Mitigation and Monitoring Plan (HMMP) prior to permit issuance. |
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Requires applicant to post letters of credits or bonds for permit issuance. |
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Requires conservation easement approved by Corps’ legal counsel, often prior to grading. |
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Requires long-term management plan prior to grading. |
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Requires 3rd party non-profit for CE compliance and long-term management plan. |
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Requires non-wasting endowments for CE compliance and long-term management, reporting, and maintenance. |
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Requires plant installation; five years of monitoring, maintenance; and reporting and compliance with performance standards, including CRAM report. |
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Requires purchase of credits from an approved mitigation bank only. |
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