The growth of Florida’s mitigation banking industry has resulted in over 100 permitted banks providing mitigation to 4,000+ projects throughout the state. As the industry evolves, changes in regulatory and policy standards are inevitable. This course focuses on recent changes on a national and state level that affect the mitigation banking industry and associated development in Florida. Prospective and current mitigation bankers and users of mitigation bank credits need to understand these changes to ensure compliance and to achieve efficient and timely permit processing. Updates will be provided on USACE’s new Mitigation Banking Instrument, new Financial Assurance requirements, changes in the definition of Waters of the United States (WOTUS) and mitigation challenges associated with Florida DOT projects.
