INDOT: I-69 Section 6 Will Cost Nearly $1.6 Billion

Indiana Public Media » The final leg of Interstate 69 from Martinsville to Indianapolis will cost nearly $1.6 billion. That’s according to the final environmental impact statement for I-69 Section 6 the state released Thursday. The analysis says construction could start in 2020 and wrap up within six years.

2018-02-09T13:18:11+00:00 February 8th, 2018|Highways, Indiana|

Indiana lawmakers add checks to agency responsible for I-69 construction ‘debacle’

Indy Star » The House unanimously approved House Bill 1374 on Monday, which would require the Indiana Finance Authority to only choose companies that have completed similar projects in North America during the past two years, when entering into a public-private partnership. IFA is the state agency responsible for overseeing public-private partnerships, including the 21-mile stretch of I-69 from Bloomington to Martinsville.

2018-02-28T13:06:14+00:00 February 5th, 2018|Highways, Indiana, Interstate 69 Indiana, Public-Private Partnerships|

Column: State expands plan to add toll lanes on I-55

Chicago Tribune » I-55 offers one of the worst commutes in the Midwest and sees 12 hours of daily congestion, with four crashes a day, according to the Illinois Department of Transportation. IDOT last year proposed a public-private partnership to add one express toll lane in each direction for the 25-mile stretch between I-355 and I-90/94. Now IDOT has upped the ante, proposing two new toll lanes in each direction from I-90/94 in the city to I-294, with one toll lane in each direction from I-294 to I-355.

2017-12-11T14:38:00+00:00 December 11th, 2017|Highways, Indiana, Tolling|

Car accidents have increased during I-69 construction delays

Indianapolis Star » The two-year construction delay on I-69 isn’t just causing traffic headaches; it’s costing Hoosiers money and putting lives at risk.

2018-02-28T13:55:15+00:00 June 19th, 2017|Highways, Indiana, Interstate 69 Indiana, Public-Private Partnerships|

Credit Agency: I-69 Section 5 Default ‘Appears To Be Inevitable’

WTIU » Credit ratings agency Standard and Poors says it’s more likely the section of I-69 from Bloomington to Martinsville will be finished if the state takes the project over from the private developer. This week, S&P downgraded the bonds being used to fund construction to a ‘CCC-’ from a ‘B-’.

2018-02-28T13:58:01+00:00 June 9th, 2017|Highways, Indiana, Interstate 69 Indiana, Public-Private Partnerships|
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