New costs estimates for I-69

  • Posted by i69news on April 7th, 2007 filed in INDOT

This news is a couple weeks old, but we thought it was interesting on a number of levels and wanted to make sure everyone had heard about it. Factoring this in, the $700 million that the state supposedly has to begin construction next year seems like it won’t go nearly as far as INDOT has claimed.

I-69 - New Cost Estimates

Three groups, Citizens for Appropriate Rural
Roads - the Hoosier Environmental Council - the Environmental Law and Policy Center,
have sent out a press release noting that INDOT’s projected cost for the 13 mile
section 1 of I-69 has nearly doubled. The Tier 1 estimate from 2003, placed the
cost of section 1 at $122 million. The draft Tier 2 estimate uses a new costing
formula that brings the projections in line with the true costs of recently
completed projects throughout Indiana - thus a more trustworthy cost projection.
The draft Tier 2 estimate for section 1 is now $230 million, a 89% increase. This
new costing formula will be used to estimate the cost of each of the 6 sections.
Since section 1 is the flattest terrain, it is a conservative assumption that the
remaining sections will only increase in cost by 89%. Applying that formula, they
came up with a price tag of the Evansville to Indy leg of I-69 at $3.5 billion.
Adding an even more modest increase for the Kentucky to Evansville leg brings the
total cost of building I-69 at a staggering $3.9 billion.

The three groups once again urged the Governor and
INDOT to drop the new terrain route and use the Common Sense route: I-70 / US 41 –
remember, I-70 is already built and US 41 could be upgraded to freeway standards as
funds allow.


2 Responses to “New costs estimates for I-69”

  1. james sexton Says:
    August 5th, 2007 at 8:43 am

    Facists govt. anyone?
    When corp.s begin to tell the govt. what to do, we are well on the way to a Dictorship, which allmost always comes at the end of a republic or democratic state?
    ARE WE THERE YET?
    jvskitty

  2. robert sickler Says:
    March 22nd, 2008 at 1:43 pm

    highway 69 is @absolutely guarantees the theift of private proprty that only the indians have experirnced.this will be the start of america to be becoming @ mudd hut country.

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