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May 17, 2008
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Bay Bridge funds in doubt as legislature session ends
Published:  August 31, 2004

Funding for the San Francisco-Oakland Bay Bridge is in doubt after California legislators ended their 2004 session without approving a bill aimed at keeping construction going. The proposed bill would have allowed up to US$520 million in bridge tolls to be used towards the next phase of the project. California’s governor Arnold Schwarzenegger’s administration had already expressed opposition to what it described as a “stop-gap” funding proposal.

A tender is currently being assessed for construction of the self-anchored suspension portion of the bridge. The tender came in at a minimum of US$1.4 billion, compared to an original estimate of US$740 million. The decision on whether or not to award the contract is due by 30 September.