Mitigation Banking-Permit Compliance

Mitigation banking is the restoration, creation, enhancement, or preservation of a stream, wetland, habitat, or other natural resources which is intended to offset or mitigate for the adverse impacts caused by a similar nearby project. The goal of mitigation banking is to replace or increase the amount or value the specific resource or habitat. Mitigation banks place a perpetual conservation easement on the property, with an endowment or method to fund its maintenance. Mitigation banks provide many advantages to on-site and small parcel mitigation. By combining necessary services to create, maintain, and monitor mitigation; banks are able to provide superior services at a lower cost.

Due to the depth of our knowledgeable staff, we often assist mitigation banking firms with specific aspects of the mitigation banking process. Our team of experts can provide habitat assessments, focused species surveys, wetland delineations, cultural resources services and analysis related to hydrology and geomorphology to support the allocation of credits for mitigation or conservation banks. Additionally, our habitat restoration specialists can prepare planting and construction plans needed to create or restore habitat to bring additional value to your project.

Whether you are a mitigation banking firm looking for a specific service or a landowner thinking about entering the mitigation banking market, ECORP Consulting, Inc. can assist you. ECORP also is well-versed in the mitigation and conservation banking approval process. From preparing feasibility analyses to extensive Bank Enabling Instruments, ECORP staff have entitled banks from the initial assessment of the property to coordinating credit sales on behalf of the bank owner/sponsor.