What are the advantages? The financial and ecological benefits of utilizing a mitigation bank over the traditional project-by- project method are numerous. To begin with, the size and diversity of the banks permits a variety of mitigation to be handeled at one location. Because experienced professionals from the private sector have already acquired the property and their expertise has been acknowledged by governmental regulatory agencies, the sites have been pre-approved. This reduction or elimination of expensive delays and permitting makes mitigation banking highly affordable. Overall, mitigation banking costs landowners less than traditional mitigation. Financial costs also are known ahead of time, allowing clients to better allocate project funding. The usage of private funds has saved taxpayers money at all levels. Above all, it has been proven and verified by governmental and environmental groups that properly designed and managed, large ecosystems have flourished under private control versus the small, poorly managed traditional mitigation. Monitoring, maintaining and preserving the delicate, recaptured natural resources becomes the job of mitigation bank, completely relieving property owners of on-going, long-term duties and fulfilling regulatory and legal requirements and obligations.