Interstate Bridge team outlines $5.68 billion first funded phase as program cost climbs
Program staff told the joint Oregon–Washington committee the updated 2026 estimate for the five‑mile corridor is $13.5–$14.4 billion and described a $5.68 billion first funded phase backed by $2.1B federal, $1B from each state and $1.5B projected in toll revenue; members pressed staff on lane decisions and contingency plans.
The full story
Carly Francis, interim program administrator for the Interstate Bridge Replacement program, told the joint Oregon–Washington committee on June 12 that a revised program estimate now places the five‑mile corridor at roughly $13.5 billion to $14.4 billion at a 70th‑percentile confidence level. She said the figure reflects construction‑market inflation, added scope detail and more conservative risk loading compared with earlier planning numbers.
Sign up to keep reading.
Your free newsletter brings you what your city council, county, and school board discussed and decided.
Keep reading for free
Create a free account to finish this story and see the video, transcript and key details.
Continue with GoogleContinue with emailAlready have an account? Log in