Key Bridge rebuild now $5.2B after a $1.9B request and delays stretch two years

Maryland more than doubles cost estimate on rebuilding collapsed Baltimore bridge
Maryland officials have more than doubled the estimated cost to replace Baltimore’s Francis Scott Key Bridge, which collapsed and killed six construction workers last year after a massive container ship crashed into it

ANNAPOLIS, Md. — Maryland officials have more than doubled the estimated cost to replace Baltimore’s Francis Scott Key Bridge, which collapsed and killed six construction workers last year after a massive container ship crashed into it, and they’ve added two years on to the projected completion date.

The Maryland Transportation Authority said Monday it is updating its financial forecast to include a price range of between $4.3 billion and $5.2 billion, with an anticipated open-to-traffic date in late 2030. That’s up from a previous estimated cost of $1.9 billion and an opening date of late 2028.

“As design has advanced and pre-construction work progresses, it became clear that material costs for all aspects of the project have increased drastically since the preliminary estimates were prepared less than two weeks after the initial tragedy,” said Acting Transportation Secretary and MDTA Chair Samantha J. Biddle.

https://abcnews.go.com/US/wireStory/maryland-doubles-cost-estimate-rebuilding-collapsed-baltimore-bridge-127615430

Hard to believe anyone calls this normal. A project doesn’t triple in cost unless somebody knew the story was worse than they admitted.

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