An in-lieu-fee program is an agreement between a regulatory agency or agencies (state, federal, or local) and a single sponsor which must be a public agency or non-profit organization. Under an in-lieu-fee agreement, the mitigation sponsor collects funds from permittees in lieu of providing permittee-responsible compensatory mitigation required under the Corps or a state or local aquatic resource regulatory program. The sponsor uses the funds pooled from multiple permittees to create one or more sites under the authority of the agreement to compensate for aquatic resource functions lost as a result of the permits issued.
The Corps of Engineers has a database for all third-party mitigation programs and projects, including in-lieu fee (ILF) programs. The program, Regulatory In-lieu Fee and Banking Information System (RIBITS), can be accessed at http://geo.usace.army.mil/ribits/index.html. Information available there includes copies of banking and ILF agreements, approved project agreements, credits provided by each project, permits which have used the bank or ILF program , deeds and easements, monitoring reports, site inspection reports, etc. To assist in navigating the site, the following link is to a series of screen shots to walk you through RIBITS.
Finding Your Way Around RIBITS