What is the approved budget of Portal Bridge replacement?
The Portal North Bridge is a new two-track fixed railroad bridge across the Hackensack River in Hudson County, New Jersey, replacing the aging 100-year-old Portal swing bridge on the Northeast Corridor and the first phase of the Gateway Program. The USDOT announced in January 2021 a USD 766.5 million Capital Investment Grant for a total project cost of USD 1.888 billion, while NJ Transit describes the same project as a USD 1.8 billion project with the balance of funding from Amtrak and New Jersey.
Approved budget
$1.888 billion
Cost basis: 2021
Cost evidence