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Prospectus Blog Seattle Tunnel Bids Fit Budget

WSDOT Tunnel Video.png
WSDOT released a new SR 99 tunnel video on 10/29/10.

Washington Governor Christine Gregoire announced today that two of the bids for the deep-bored tunnel to replace the Alaskan Way Viaduct have come in “at or below the contract price limit,” according to a statement released by the governor’s office.

“After 10 years of debate, 90 alternatives, and eight studies today we are returning the waterfront to the people of Seattle and keeping our economy moving,” said Gov. Chris Gregoire. “We can’t afford to wait. Replacing the Alaskan Way Viaduct is a critical public safety project. The bored tunnel preserves capacity, is essential to our state’s commerce, and keeps traffic moving through the entire construction process. We owe it to the families and businesses who will spur our economic recovery to complete this project. Today’s bids meet our needs while being on budget and on time to protect the state’s taxpayers.”

Governor Gregoire held a press conference at the Port of Seattle this morning to announce the news. She was joined by other area officials.

Cascadia Center

Founded in 1993, as the Cascadia Project, Discovery Institute’s Cascadia Center for Regional Development is an important force in regional transportation and sustainable development issues. Cascadia is known for its involvement in transportation and development issues in the Cascadia Corridor, Puget Sound and in the U.S.-Canadian cross-border realm. We’ve recently added to that mix through a major program to promote U.S. efforts to reduce reliance on foreign oil, including the earliest possible development and integration of flex-fuel, plug-in, hybrid-electric vehicles.