Overview

• Maryland issued a call for proposals to design and build a new Francis Scott Key Bridge, with a deadline of June 24.
• The new bridge is expected to cost between $1.7 billion and $1.9 billion and will likely feature a cable-stayed design.
• The collapse of the original bridge in March killed six workers and severely impacted the Port of Baltimore.
• Authorities plan to fully reopen the federal shipping channel by mid-June after clearing the wreckage.
• President Biden has pledged full federal funding for the project, with construction projected to start in 2025.