Friday, February 3, 2012

Utah County I-15 rebuild may cost $200M less than expected

The massive reconstruction of Interstate 15 in Utah County — scheduled to wrap up late this year — may cost $200 million less than its original $1.73 billion overall budget, highway officials told legislators Friday.

Lawmakers said that $200 million could help the state save even more by avoiding some planned borrowing this year through bonding. In fact, Utah would save $66 million over the life of those bonds, said Mark Bleazard, fiscal analyst for the Infrastructure and General Government Appropriations Subcommittee. Salt Lake Tribune

For more information about this project, check out this site.