Maryland transportation leaders have approved a contract for rebuilding the Francis Scott Key Bridge several months after the steel span collapsed under the impact of a massive container ship that lost power and crashed into one of its supporting columns. The project is expected to cost $1.7 billion, with a completion date set for 2028, featuring enhanced pier protection to prevent similar accidents in the future.

At a recent monthly meeting, the Maryland Transportation Authority board granted a $73 million contract to Kiewit Infrastructure for the initial phase of the reconstruction. Kiewit, a renowned engineering and construction organization, was selected for its expertise in managing projects like the Fort McHenry Tunnel in Baltimore.

The company is set to release preliminary design renderings in the coming months, offering the public a glimpse of the new bridge’s appearance. The project will progress in two phases, with the first phase focusing on design work and preparatory steps, likely including the demolition of the remaining bridge sections. Kiewit will have priority for the next phase of construction negotiations.

The new bridge is anticipated to be taller to accommodate larger ships entering Baltimore’s harbor. The collapse of the Key Bridge in March resulted in tragic fatalities and significant disruption to traffic flow in the region. An FBI investigation is ongoing into the incident, particularly examining power outages on the cargo ship involved.

The state transportation board has authorized remitting a recent $350 million insurance payout to the federal government, indicating a gesture of good faith as discussions continue regarding potential federal coverage for the rebuilding expenses. While ongoing litigation determines liability assignments, federal reimbursement is being pursued to cover a significant portion of the costs incurred from the disaster.