All articles tagged with #kiewit
Maryland canceled its Phase 2 contract with Kiewit for the Francis Scott Key Bridge after bids exceeded state estimates, forcing a rebid as costs balloon from about $1.8B to over $5B; Gov. Wes Moore defends a fast, safe rebuild while USDOT emphasizes taxpayer protections and oversight, with MDTA planning an industry forum to select a new contractor and Phase 1 work continuing.
Maryland has terminated its contract with Kiewit to design and build the Francis Scott Key Bridge rebuild, citing cost projections that exceed state estimates. The state will seek a new builder in the open market, a move that could push the bridge’s opening beyond 2030. The project’s cost outlook has grown to roughly $4.3–$5.2 billion; officials say the gulf in negotiations made continuing with Kiewit impractical, though the company will complete certain already-committed work through year-end. Gov. Moore and Transportation Secretary Duffy framed the decision as prudent for taxpayers and competition. Kiewit has been paid over $700 million for design and early construction plus about $500 million for construction to date, with a timeline to hire a new builder to be set at an upcoming industry forum.