Maxim22 - then you are in a good position to go the extra "kilometer/mile" . . . Not sure I would "work it" with peat - but if you could do some shear strengths and the compaction - it would add. Taking a bunch of shear vane tests and the like would be fast - could get some drive samples to do a UU test. Also, could do some UU tests on the laboratory compaction specimens. In our case trying to place so much fill per day we would be a layer or two higher than the lab value obtained. One reason we tried using the "average" of the last 10 available MDD values (same borrow area) and then adding 1 std deviation to get a "target" value to check the field work against. If the field compaction exceeded the requirement, then there would only be a 10% chance or so that the actual MDD value would be bigger. Seemed to work okay - but I'd rather, if one could, use the undrained shear strength as the "primary" criteria with back-up of lab tests say every 2 or 3 layers after you have developed a comfort level.
How are you going to stabilize the peat? How thick? Do you really want to use the peat as compacted material? If not thick, you might just take it out; else, you might consider rolling surcharge to displace it and then use compacted clay in its place. Just some thoughts.