SCHEDULE & FUNDING
The first brief bridge closure took place on April 25, 2012. During the several day closure, crews demolished the existing approach spans and connected the temporary ramps to the existing bridge. (details). A tentative timeline for other project activities is below:
Original construction estimates put the cost of replacing the Milton-Madison Bridge at approximately $131 million. The low bid submitted by Walsh Construction Company was for $103 million, 20 percent below the original estimate.
In February 2010, the project was awarded $20 million in funding under the American Reinvestment and Recovery Act. Indiana and Kentucky have identified state and federal funding for the remaining cost of the project, which will be evenly split by both states. Construction is projected to create or preserve 1,400 jobs.
June 2008 – Project Kickoff
