SCHEDULE & FUNDING
Prospective contractors are currently developing project bids, which will be opened at a fall 2010 bid letting. The winning contractor is expected to submit a project schedule, including the anticipated bridge closure period, and begin work as soon as possible after the contract is awarded.
Contractors would be permitted to close the bridge to traffic for a maximum of 12 months.
The bridge replacement project will cost an estimated $131 million. In February 2010, the project was awarded $20 million in funding under the American Reinvestment and Recovery Act (ARRA). Indiana and Kentucky have identified state and federal funding for the estimated $111 million remaining cost of the project, which will be evenly split by both states. Construction is projected to create or preserve 1,400 jobs.
Summer 2010 – Advertise for contract
