We share your concerns bout fiscal accountability that is why we were able to obtain a guaranteed maximum price for the project of $5.5 million dollars if Kuney was to do the entire project. We have a guaranteed price for phase one of $3.9 million. We have a high confidence estimate of what phase two will cost. The actual cost will be based on the bids.
Portland is fortunate that the middle span of the bridge is in excellent condition from an engineering standpoint. The reason it is being replaced has to do with the fact that it is functionally obsolete as far as freight goes. We have performed a feasibility study and it is in great shape for a ped bike crossing over I-405.
Shared Concerns
We share your concerns bout fiscal accountability that is why we were able to obtain a guaranteed maximum price for the project of $5.5 million dollars if Kuney was to do the entire project. We have a guaranteed price for phase one of $3.9 million. We have a high confidence estimate of what phase two will cost. The actual cost will be based on the bids.
Portland is fortunate that the middle span of the bridge is in excellent condition from an engineering standpoint. The reason it is being replaced has to do with the fact that it is functionally obsolete as far as freight goes. We have performed a feasibility study and it is in great shape for a ped bike crossing over I-405.
This bridge was built to last.