Tag Archives: Tappan Zee Bridge

New York receives federal loan for Tappan Zee

New York will receive a $1.6 billion loan to help pay for replacing the Tappan Zee Bridge through the federal government’s Transportation Infrastructure Finance and Innovation Act (TIFIA) program., Gov. Andrew Cuomo announced Thursday, a big chunk of what his administration says is a nearly $4 billion project.

Governor Cuomo said, “This is a huge win for New York State, creating thousands of jobs, and an endorsement of one of the most ambitious infrastructure projects in our history. It shows that despite over a decade of delay, New York can continue to build big.

The total project cost for the Tappan Zee replacement is expected to be between $3.9 and $4.8 billion.

DiNapoli approves terms of $3.14 billion Tappan Zee Bridge contract

State Comptroller Thomas P. DiNapoli last Friday announced he has approved a $3.14 billion contract between the state Thruway Authority and Tappan Zee Constructors to design and build the new Tappan Zee bridge.

To read more click here.

To read the approval letter, visit: http://www.osc.state.ny.us/press/releases/jan13/tappan-zee-bridge-contract.pdf