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54°
Friday, nov 15
Tag:
Thruway Authority
Politics
Cost Of New Tappan Zee Bridge May Be $1 Billion Over Budget, Report Says
The new Tappan Zee Bridge may come in at a final cost of more than $4 billion dollars, nearly $1 billion above the base contract, according to a recently released Politico report. Contractors may be seeking upwards of $900 million in claims against the Thruway Authority, according to the report, on top of the $3.142 billion base contract, which exceeds the $548 million that had originally been budgeted for contingencies, though that number is reportedly expected to shrink. If the additional $900 million is needed, it would push the total bill for the new Tappan Zee Bridge over $4 billion, a…