MDTA Board Meeting Materials

Cost Update

Schedule Update

Activity

Schedule

Estimating Process (ensuring precise estimates=cost control) Estimate Reviews and Adjustments (Iterative) Binding Price Proposal #1 (can offer up to three times)

December 2025 to End of March 2026 End of March 2026 to Early April 2026

Early April 8, 2026

Project Staff/MDTA/MDOT Negotiation April 2026 Deal Reached or No Deal (Off-Ramp)

End of April 2026

Final Legal Clearance, Federal Approvals, Funding Approvals, Finalizing Contract Modification MDTA Board Approval of Contract Modification Notice to Proceed for Construction (Phase 2) New Key Bridge Open to Traffic

May 2026

May 28, 2026

June 2026

Late 2030

Final Construction Closeout

Late 2031

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