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Business and finance

05 Sep 06

Expert panel releases Alaskan Way and SR 520 report

An expert panel set up to examine finance and implementation plans for two major bridges in Washington State, USA, has concluded that funds could be found for both schemes. The panel found that the state had underestimated costs and inflation for the Alaskan Way Viaduct and the SR 520 bridge but that the concerns did not constitute fatal flaws in the proposals. Base project price for the Alaskan Way Viaduct is US$2 billion and US$1.7 million for the SR 520 Bridge. Project management plans for both schemes were found to be comprehensive and sufficient for their level of design development.

#Finance #Research
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