Skip to main content

Alabama highway project - cost increases

Questions are being asked in the US State of Alabama over additional funding being required for an 83km stretch of road.
February 17, 2012 Read time: 1 min
Questions are being asked in the US State of Alabama over additional funding being required for an 83km stretch of road. When the estimates for the Northern Beltline bypass connecting Interstate 20/59 with the 1/59 in southwest Jefferson County was announced in 2009 the project was expected to cost US$3 billion. However the project is now thought to cost $4.7 billion with the existing plans and there are concerns that the price may rise further. Materials costs have risen considerably since the project was first mooted although other cost increases have also affected the plans. Delays may hit the project but it still looks likely to go ahead.

Related Content

  • Denmark set to appoint preferred bidder for Fehmarnbelt link
    March 14, 2016
    The Danish political parties behind the Fehmarnbelt link have mandated Femern A/S to appoint preferred bidders for the main tunnel work in order to enter into conditional contracts no later than mid-May. Femern A/S is the Danish government-owned company managing the Fehmarn Belt immersed tunnel project between Denmark and Germany. The project was approved by the Danish parliament in April last year. It is supposed to be built, owned - apart from the German land works - and operated by Femern A/S, a su
  • 2-4 year-old construction equipment tops buyer ‘wish list’
    May 11, 2012
    A leading used construction equipment auctioneer firm boss believes equipment aged between 2 and 4 years is now topping buyers’ ‘wish lists’, as 1 to 2-year-old used stocks deplete. Jonnie Keys, General Manager of Euro Auctions, said that with the cost of new equipment currently up by around 20% on prices in June 2009, the used market is still strong. “Euro Auctions has repeatedly seen over 30% of all plant sold leaving the UK and Europe for projects in Australia, South Africa, South America, Central Ameri
  • Italy has announced key project plans
    March 11, 2013
    Italy’s public road concession firm, ANAS, has signed an agreement with the region of Sardinia and the government for upgrade works on the Sassari-Olbia road worth a total €930.7 million.
  • South German road tunnel project to restart
    July 26, 2018
    Construction work on the Kramertunnel in South Germany is to restart. The tunnel is needed to help reduce traffic delays in the town of Garmisch-Partenkirchen in the southern German state of Bavaria and with lies next to the border with Austria. The twin tube tunnel stretches will both be around 2.8km long and the project will also include building six bridges as part of the new bypass around the town. The new bypass, with its tunnel and bridges, is required as traffic jams occur regularly in the town on th