Letter: IBR’s money pit

Graphic courtesy Interstate Bridge Replacement Program
Graphic courtesy Interstate Bridge Replacement Program

Bob Ortblad predicts the IBR will probably withhold its new estimate until the end of the Washington state legislative session

Editor’s note: Opinions expressed in this letter to the editor are those of the author alone and may not reflect the editorial position of ClarkCountyToday.com

Bob Ortblad
Bob Ortblad

The Interstate Bridge Replacement Program (IBR) team has promised a new official estimate by the end of March. Thanks to economist Joe Cortright’s public disclosure request, it is no secret that the IBR has been hiding an estimate of about $13.6 billion, twice the 2023 estimate. The IBR will probably withhold its new estimate until the end of the Washington state legislative session.  

With only $5.5 billion, the IBR plans to start construction without full funding and call it a “construction sequencing and funding strategy.” The IBR has defined over two dozen construction packages that require 70 years of construction if done sequentially. The IBR must present a new schedule with its updated estimate. Will construction take 25 to 50 years? 

“And by getting started, that’s the way to help manage the costs.” — WSDOT Secretary Julie Meredith 

“Start digging a hole and make it so big, there’s no alternative to coming up with the money to fill it in…” — Former Mayor of San Francisco Willie Brown 

Bob Ortblad MSCE, MBA 
Seattle


Also read:

Receive comment notifications
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x