PaintSquare.com
      | Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise
  

 

Download our free Specialty Function Coating Systems eResource Book

Paint and Coatings Industry News

Main News Page


$2.6B 'Impossible' Megaproject to Begin

Wednesday, November 28, 2012

More items for Program/Project Management

Comment | More

Patience is a virtue. And after years of practicing it, residents in the Louisville-Southern Indiana region may finally see a much-needed, $2.6 billion transportation fix become reality.

The Ohio River Bridges Project—a megaproject that has been in discussion for over a decade—has finally picked proposals for each side of the project. The project will address long-term transportation needs in Kentucky and Indiana by rebuilding bridges from both states.

Photos: kyinbridges.com

After years of reworking plans, Kentucky and Indiana are set to start the Ohio River Bridges Project.

The Bridges Project will create more than 4,000 construction-related jobs over the next six years as one of the nation's largest transportation improvement projects, officials say.

East End Crossing

Earlier this month, the Indiana Finance Authority (IFA) Board chose a public-private proposal from WVB East End Partners, a 24-member group of companies, to finance, build, operate, and maintain the East End Crossing between Utica, IN, and Prospect, KY.

The team includes Walsh Construction, a company that the Kentucky Transportation Cabinet chose to build the Downtown Bridge and redesign Spaghetti Junction.

In making that selection, Indiana transportation and finance officials separately rated proposals from four teams and combined the scores. The portion of the bridges project that Indiana is responsible for—building the eastern span and roads leading to it—would cost $763 million in the WVB plan, down from an earlier estimate of $987 million.

Details on how WVB was able to slash more than $200 million from the construction cost were not immediately available, a spokesman for the Indiana Department of Transportation told the Courier-Journal.

Indiana's section would be done by Nov. 1, 2016, about eight months ahead of the state's required completion date.

Indiana Gov. Mitch Daniels said that choosing a plan marked the realization of "an impossible project."

Because both states will be able to reduce their construction costs, the tolls, which haven't been set yet, could be pushed lower, Daniels said. Currently, tolls are planned for the eastern bridge and both Interstate 65 bridges downtown.

Public-private funding and tolls will both be used for the $2.6 billion bridge project.

Downtown Crossing

in Kentucky, Walsh Construction Co. submitted a bid that would complete the Downtown Crossing for $860 million by Dec. 2016—$90 million less and 18 months earlier than the Transportation Cabinet had estimated.

Kentucky is responsible for the Downtown Crossing, which includes a new Interstate 65 bridge, a revamped Kennedy Bridge, and reconstructed interchanges between downtown Louisville and Jeffersonville, IN.

The total cost of the Downtown Crossing part of the project will exceed $1 billion including expenditures for land acquisition, utility relocation, preliminary design and consulting work, construction oversight, toll system development, and other necessary items, according to the Transportation Cabinet.

“We challenged the best transportation teams to deliver innovative, cost-efficient plans for the largest construction project in the history of Kentucky and Indiana,” said Kentucky Transportation Secretary Mike Hancock. “The result of this spirited competition will be a project that will cost less and take less time to build.”

The selections by both Kentucky and Indiana must still face public hearings in each state on Dec. 1, followed by an additional review by the finance authority on Dec. 3, and a joint legislative budget committee on Dec. 4.

   

Tagged categories: Bridges; Construction; General contractors; Government contracts; Industrial design; Project Management

Comment Join the Conversation:

Sign in to our community to add your comments.

SAFE Systems, Inc.
SAFE Systems'
Blast Lights &
Deadman Switches

Halogen or LED blast lights available with our NEW urethane bumper. Switches available in many colors for color coding your hoses.


Surface Prep Supply
Surface Prep Supply

Blast It! Coat It! We have you covered every step of the way. Supplier of:
• Abrasives
• Equipment
• Accessories
• Protective Coatings
888-331-7737(PREP)


HoldTight Solutions Inc.
NO FLASH RUST -
NO CONTAMINANTS

Our HoldTight®102 salt remover & flash rush inhibitor prevents flash rust by removing surface contaminants.
Contact us for your nearest distributor. (800) 319.8802 sales@holdtight.com


Termarust Technologies
Termarust (HR CSA) Chemically Stops
Active Corrosion

Truss bridge treated with Termarust's (HR CSA) in 1995. This highway & rail truss bridge is still stable and there still is no active corrosion.


LS Industries
LS Blasters: Optimum Steel Cleaning Efficiency

Simplify surface prep with the precise shot control of LS Blasters. Our blast technology delivers optimum coverage and finish. 800-533-8008


Abrasives Inc.
One Call Orders it All!

Life is good when it’s simple. We distribute Clemco blast equipment, nozzles & parts alongside our proven blast media. Make your call: Abrasives Inc. 800-584-7524


Safway Services
Suspended Access Made Easy With QuikDeck™

The smart choice for suspended access, QuikDeck’s interchangeable, lightweight components make them easy to set up and reassemble when you need to move.

 
 
 
Technology Publishing

The Technology Publishing Network

The Journal of Protective Coatings & Linings (JPCL) PaintSquare
Durability + Design Paint BidTracker

 
EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
MORE:      About PaintSquare.com   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us
 

© Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail webmaster@paintsquare.com