There is a new $1.4 billion price tag — and likely a new timeline — for the work on the westermost section of the 520 replacement project including a new Portage Bay Bridge and a lid connecting the Roanoke neighborhood over the highway.
State officials say the winning best bid from contractor Skanska is about 70% higher than what Washington State Department of Transportation planners were budgeting for and are now asking to extend expiration of the bid to give the legislature to somehow come up with extra hundreds of millions of dollars to pay for the project.
“With the support of the Governor’s office and transportation legislative leadership, we have begun negotiations with Skanska to extend their proposal validity through the end of the 2024 legislative session on March 7 (it was previously set to expire on Nov. 20, 2023),” WSDOT said in a statement on the bid. “We will continue to keep you updated once we have finalized a path forward.” Continue reading