How much did Goethals Bridge (replacement) cost to build?
The Goethals Bridge replacement is the new cable-stayed crossing between Staten Island and Elizabeth, New Jersey, delivered by the Port Authority of New York and New Jersey as a design-build-finance-operate-maintain public-private partnership with NYNJ Link, whose eastbound span opened in June 2017 and westbound span in May 2018. The FHWA project profile gives 1.436 billion dollars in eligible project costs, financed by a 473.7 million dollar TIFIA loan, 453.3 million of private activity bonds and 106.8 million of equity, with annual availability payments of 56.5 million dollars to the concessionaire.
Reported project cost
$1.436 billion
Cost basis: 2018
Siddharth PatilCC0
Cost evidence
Basis of the published figure
Reported project cost2018
Project record