Louisville, KY – The Sherman Minton Bridge, which is between Louisville and New Albany, Ind., will be renovated by Kokosing Construction, of Westerville, Ohio,. The company was also selected to repair roads on both sides of the Ohio River. According to the statement, the project officials previously set the price tag of the work at around $90 million, but the award the authority approved is for $137 million. Kentucky and Indiana are sharing the costs.
Unfortunately, the company’s bid represents a roughly 52 percent increase in the project’s cost. This data is presented in the Indiana Finance Authority. Kokosing Construction would team with Dallas-based Jacobs Engineering Group Inc.
The selection must still be formally approved after public hearings set for January 5. That’s expected in late February or early March. Among Kokosing’s projects is the ongoing repair work to northern Kentucky’s Brent Spence Bridge, which is scheduled to reopen next week. It was closed in November after a truck crash caused a fire that damaged the span.
Each state will pay for all costs associated with its approach roads, with Kentucky and Indiana splitting the bridge costs evenly, Kentucky will cover about 60 percent of the project. The Sherman Minton work is meant to add three decades to the Interstate 64 span built in 1962. Work is expected to start in late spring or early summer and be finished by the fall of 2023.
Two lanes in each direction would remain open, with additional lane closures at night, said Ron Heustis, INDOT’s major projects manager.