One Step Closer: Interstate 5 Bridge Replacement Program Receives $1.499 Billion FHWA Grant

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The Oregon-Washington bridge project is a USDOT priority

On July 12, 2024, the Interstate Bridge Replacement (IBR) Program was awarded a $1.499 billion grant through the Federal Highway Administration's Bridge Investment Program for the replacement of the I-5 bridge between Oregon and Washington.[1] This brings the I-5 bridge replacement project one step closer to becoming a reality.

The estimate project cost is $5 billion to $7.5 billion.[2] By our tally, with this grant, IBR has now secured approximately $4.1 billion,[3] with an additional, estimated $1.2 billion to come from tolls, for a total of $5.3 billion. This is within the range of the estimated project cost.

In response to the award of the grant, IBR Program Administrator Greg Johnson stated in relevant part that "[t]he award of these grant dollars further cements the IBR program as a key national project for the USDOT" and "[the IBR program is] one significant step closer to providing a safe, multimodal, earthquake resilient corridor that will better connect communities for decades into the future."[4]

[View source.]

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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