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Table of Contents » Title 9. Environment » Agency 25. State Water Control Board » Chapter 770. Virginia Financial Responsibility Requirements for Mitigation Associated with Tidal Dredging Projects » Part III. Compensatory Mitigation Plan And Financial Responsibility Criteria » 9VAC25-770-80. Cost estimates for in-lieu fee fund donations and mitigation bank credit purchases.

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Virginia Administrative Code
Title 9. Environment
Agency 25. State Water Control Board
Chapter 770. Virginia Financial Responsibility Requirements for Mitigation Associated with Tidal Dredging Projects

12/31/2024

9VAC25-770-80. Cost estimates for in-lieu fee fund donations and mitigation bank credit purchases.

A. Permittees with compensatory mitigation plans that provide for donations to in-lieu fee funds must submit to the department as part of the final mitigation plan proof that the entity is willing to accept the contribution along with a detailed, written cost estimate.

B. Permittees with compensatory mitigation plans that provide for purchase of mitigation bank credits must provide to the department as part of the final mitigation plan proof that the selected bank has available credits, along with a detailed, written cost estimate.

Statutory Authority

§ 62.1-44.15 of the Code of Virginia.

Historical Notes

Derived from Virginia Register Volume 20, Issue 23, eff. August 25, 2004; amended, Virginia Register Volume 39, Issue 5, eff. November 23, 2022.

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