Article that explores the East End Crossing project in Indiana, a part of the larger Ohio River Bridges project, provides details of how this project was put on the fast-track and how the private market responded to the project. Discusses unique features of the deal, specifically how Indiana retained the risks regarding environmental litigation, related work stoppages, right of way acquisition and utility relocation, and how INDOT established a “relief events allowance” valued at $45 M to provide a mechanism to handle compensation from unexpected events, upon project completion these funds will be split 50-50 between the project developer and the state. This provides an incentive for the contractor to limit these claims and provide better services.
