Mitigation Banking is the preferred method of the US ACOE to replace lost aquatic resource due to unavoidable impacts.
Wetland and Stream Mitigation
Mitigation Banking
Mitigation Banking Credits play a crucial role in reducing financial risks for the developer. These aquatic resource credits will save your team money and time when developing a site and there are unavoidable resource losses. The development of mitigation banking can lead to, job creation, and economic growth. LRG provides expert support and guidance in the field of mitigation services. Our goal is to help businesses maximize their financial benefits and ensure successful project outcomes. With extensive experience in navigating complex application processes, LRG is your trusted partner in Mitigation Banking.
Types of Mitigation Credits
Aquatic Resource Credits
These credit are for sale when a developer has impacts to existing resources and the developer has obtained a permit for the Federal and State agencies for the impacts to the Aquatic Resources
Conservation Credits
These credit can be purchased for the impact to specific habitats for endangered species or species of special concern.
Sediment Reduction Credits under MS4 Permits
These credits can be purchased to offset sediment pollution impacts under MS4 permits, helping to meet regulatory requirements for sediment reduction and stormwater management.
Resource Development Credits (RDCs) can apply to a wide range of projects, encompassing everything from initial exploration activities to full-scale development and compliance-related efforts. This includes mineral exploration projects, oil drilling operations, and large-scale infrastructure developments associated with resource extraction. By supporting various stages of resource development, RDCs help offset costs and facilitate the successful execution of these projects.
Types of Projects
Application Process & How We Can Help
LRG provides comprehensive support throughout the entire permit application process, including assistance with documentation, form completion, and ensuring compliance. Our team offers expert advice to help you meet all necessary requirements and minimizing your expenses, guiding you every step of the way to streamline the process and enhance your application's success.