Since 2007 the Regulatory In-lieu fee and Bank Information Tracking System (RIBITS), overseen by the U.S. Army Corps of Engineers (USACE) Institute for Water Resources (IWR), has been the designated national tool to provide a one stop shop database for districts to track mitigation banks and in-lieu fee programs.
RIBITS was one of a handful of systems highlighted at the first-ever Environmental Permitting Technology and Data Summit held at the White House and the General Service Administration Headquarters in late October.