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Biden-Harris administration to invest nearly $394 million in I-55 bridge

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Biden-Harris administration to invest nearly 4 million in I-55 bridge

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MEMPHIS (TDOT) — Today, as part of the Biden-Harris Administration’s Investing in America journey, Federal Highway Administration Administrator Shailen Bhatt announced nearly $394 million to the Tennessee Department of Transportation for river crossing projects in Memphis, Tennessee, and West Memphis, Arkansas to replace the 75-year-old Interstate 55 bridge over the Mississippi River. The project will improve the safety and operation of local and regional transportation and freight connectivity corridors across the tri-state area by increasing capacity, streamlining traffic flow, correcting geometric deficiencies, and maintaining connections to jobs and transportation trails. The grant is part of more than $5 billion in awards announced for major bridge projects under the Federal Highway Administration’s (FHWA) Competitive Bridge Investment Program, part of President Biden’s Investing in America agenda.

These grants will fund the reconstruction, repair and rehabilitation (using American-made materials) of 13 nationally critical bridges in 16 states that connect communities to jobs and resources, support the economy and serve as critical corridors for freight transportation. These projects will also address important safety issues and make bridges more resilient to extreme weather conditions while creating good-paying jobs.

The Tennessee Department of Transportation will receive nearly $394 million for the American River Crossing Project in Memphis, Tennessee, and West Memphis, Arkansas, to replace the 75-year-old Interstate 55 bridge over the Mississippi River. This is a nationally important trade corridor and a vital connection for residents, workers, and freight between Tennessee, Arkansas, and Mississippi. The new structure will have increased capacity and improved geometric design.

Large Bridge Project Grants under the Bridge Investment Program are available for bridges with a total eligible project cost of more than $100 million, with a minimum grant of $50 million and a maximum grant of 50% of the total eligible project cost. Priority is given to projects that are ready to begin construction. The program also funds projects that require pre-construction work and benefit from multi-year grant agreements.

President Biden’s bipartisan infrastructure bill established the Bridge Investment Program and invested $40 billion over five years to ensure the nation’s bridges remain safe and operational, meeting the current and future needs of travelers, supporting local economies, strengthening supply chains to reduce costs for consumers and creating good-paying jobs across the country. More than 10,200 bridges are being rebuilt, rehabilitated or modernized as a result of President Biden’s bipartisan infrastructure bill. In fiscal year 2022, the Bridge Investment Program invested $2.4 billion to plan and build 37 bridges in 29 states across the country.

English:

MEMPHIS (TDOT) — Today, as part of the Biden-Harris Administration’s “Investing in America Journey,” Federal Highway Administration Administrator Shailen Bhatt announced nearly $394 million in funding for the Tennessee Department of Transportation for the America’s Crossing Bridges project in Memphis, Tennessee, and West Memphis, Arkansas, to replace the 75-year-old Interstate 55 bridges across the Mississippi River. The project will enhance safety and improve operations for local and regional transportation corridors in the tri-state area and for freight connections across the country by increasing capacity, streamlining traffic flow, correcting geometric deficiencies, and maintaining connections to jobs and key transportation. The grant is part of more than $5 billion in awards for large bridge projects announced through the Federal Highway Administration’s (FHWA) competitive bridge investment program, part of President Biden’s “Investing in America” agenda.

These grants will rebuild, repair and rehabilitate 13 nationally significant bridges in 16 states that use American-made materials to connect communities, provide jobs and resources, support economic development, and serve as critical corridors for freight movement. These projects will also address important safety issues and make bridges more resilient to extreme weather while creating good-paying jobs.

The Tennessee Department of Transportation will receive nearly $394 million to build the American Crossing Bridge in Memphis, Tennessee, and West Memphis, Arkansas, to replace the 75-year-old Interstate 55 bridge over the Mississippi River. This is a nationally important commercial corridor and a critical connection for the movement of residents, workers, and goods between Tennessee, Arkansas, and Mississippi. The new structure will increase capacity and improve geometric design.

Large Bridge Project Grants under the Bridge Investment Program are available for bridges with a total eligible project cost of more than $100 million, with a minimum grant amount of $50 million and a maximum grant amount of 50% of the total eligible project cost. Projects that are ready to start construction will be given priority. The program also provides funding for projects that require pre-construction work and benefit from multi-year grant agreements.

President Biden’s bipartisan Infrastructure Act established the Bridge Investment Program and invested $40 billion over five years to ensure the nation’s bridges remain safe and functioning, meeting current and future traveler needs, supporting local economies, strengthening supply chains to reduce consumer costs, and creating good-paying jobs across the nation. More than 10,200 bridges are being rebuilt, rehabilitated, or modernized as a result of President Biden’s bipartisan Infrastructure Act. In FY 2022, the Bridge Investment Program invested $2.4 billion to plan and build 37 bridges in 29 states across the nation.

Photo: MBJ

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