The project was expected to cost between $5 and $7.5 billion, but planners said Wednesday they are anticipating a new cost estimate this summer.| opb
Rep. John Ley, R-Vancouver, speaks on the House floor in opposition of House Bill 1958, which would allow for the issuance of up to $2.5 billion of bonds for the design, right-of-way, and construction of the Interstate 5 Bridge Replacement Project. Click below to watch.| Rep. John Ley
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The Oregon Department of Transportation (ODOT’) has a big management problem: huge cost overruns on highway mega-projects. Just three Portland area highway projects—The Interstate Bridge Replacement, the I-5 Rose Quarter freeway widening and the I-205 Abernethy Bridge have chalked up cost overruns totaling $4.8 billion in just the past five years.| City Observatory
Just 13 months after raising the price of the Interstate Bridge Replacement (IBR) project by more than 50 percent, the state DOTs ay it will cost even more| City Observatory
The Oregon Department of Transportation is launching a series of boondoggle freeways, with no idea of their ultimate cost, and issuing bonds that will obligate the public to pay for expensive and un-needed highways.| City Observatory