Government Market News StaffState and local governments have until Nov. 27, 2023, to apply for up to $10 billion in federal funds to replace, rehabilitate, protect and preserve large bridges. The grants will come from a Federal Highway Administration (FHWA) program that aids projects of $100 million and more. The program will provide minimum grants of $50 million. Maximum awards will cover 50% of a project’s total cost.
For the first time, applicants can apply for four fiscal years with a single application.
The FHWA will also allow entities whose applications are deemed ineligible or incomplete to file an amended application. Additionally, the application process includes an online tool to help applicants summarize project costs and benefits.
The Bridge Investment Program awarded $2.4 billion to 37 bridge projects across 29 states in FY 2022. The Kentucky Transportation Cabinet received the largest share: $1.38 billion to rehabilitate and reconfigure the Brent Spence Bridge, which spans the Ohio River into Cincinnati. Plans call for building a companion bridge adjacent to the existing structure and replacing 54 additional bridges over eight miles of interstates near Cincinnati.
California’s Highway and Transportation District received $400 million to replace, retrofit and install structural elements on the Golden Gate Bridge. Additionally, the Connecticut Department of Transportation received $158 million for structural repairs and upgrades to a bridge on Interstate 95 over the Thames River. Chicago will use $144 million to rehabilitate four bridges over the Calumet River.
