Administrative Process

The mitigation bank is operated by Tetonka, LLP.  Companies and individuals interested in taking advantage of this opportunity are typically going to be permittees under the 404 regulatory program who have been directed to mitigate for project impacts.  Utilizing credits from the Tetonka Mitigation Bank is a relatively simple process:  Identify the mitigation bank during the permit application process as the source of mitigation credits and, after the permit is issued, execute a credit purchase agreement with Tetonka, LLP.

Following payment of the credit fees, the Bank's ledger will be updated and a copy forwarded to the permitting district of the Corps of Engineers referencing the permit number and types/numbers of credits debited from the Bank for the permittee's project.   All liability, responsibility, costs, etc. for mitigation credits from the bank, are entirely borne by Tetonka, LLP.   Once payment is made, the permittee has no further obligations to the Corps for the mitigation project, EVER.