It could take almost $2 billion and four years to rebuild the Francis Scott Key Bridge in Baltimore, Maryland officials said Thursday.
Gov. Wes Moore met with members of the U.S. House Appropriations Committee to discuss funding for the bridge rebuild Thursday, and Maryland Transportation Secretary Paul Wiedefeld said the project could run between $1.7 and $1.9 billion, The Baltimore Banner reported. The Maryland Transportation Authority confirmed the initial estimates and said the anticipated completion of the rebuild is the fall of 2028.
The agency’s cost estimates come from a variety of projects similar in size and scope to the Key Bridge. Officials cited the Long Beach Gateway bridge in California, which opened in 2020 and cost $1.56 billion and the New Goethals bridge in Staten Island, New York, which opened in 2017 and cost $1.5 billion.
The agency plans to release a request for proposals by the end of May to bring a private sector company into the rebuild process. On May 7, MDTA is hosting a virtual industry forum for consulting firms, contractors and subcontractors to gather information for the RFP. The agency will also inform attending businesses how to become eligible for the federal contracting opportunity.
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