Maryland to Rebuild Collapsed Baltimore Bridge by 2028 at a Cost of $1.7-$1.9 Billion

The reconstruction follows the tragic collapse in March which killed six, with federal and insurance funds aiding the financial burden.

Maryland estimates the cost of rebuilding the Francis Scott Key Bridge at $1.7 to $1.9 billion, aiming for completion by fall 2028.
Federal and insurance funds, including a $350 million payout from Chubb, are expected to cover a significant portion of the costs.
WeBuild and other companies have submitted proposals for the bridge's reconstruction, emphasizing safety and sustainability.
The collapse has significantly impacted Baltimore's port operations, prompting urgent recovery and rebuilding efforts.
Legislation is underway to relieve Maryland of the 10% state funding requirement for the project, ensuring full federal financial support.