The District Engineer, U.S. Army Corps of Engineers, New England District (USACE), has received a complete mitigation banking prospectus for the establishment of a commercial mitigation bank referred to as the Great Herring Pond Mitigation Bank pursuant to 33 CFR 332, Compensatory Mitigation for Losses of Aquatic Resources (Federal Register: April 10, 2008, effective June 9, 2008).