Inflation impacting Illinois infrastructure projects with more spending
announced
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[August 15, 2022]
By Andrew Hensel | The Center Square
(The Center Square) – The next phase of
Rebuild Illinois is planned, and while there may be some savings in how
things are built, inflation is increasing costs.
The Illinois Department of Transportation announced the latest
multi-year plan with all kinds of projects around the state. The next
phase is part of Gov. J.B. Pritzker's $34.6 billion Rebuild Illinois
plan that's paid for with tax and fee increases, including a doubling of
the state's gas tax in 2019.
"The investment we are making in our bridges and roads is our highest
yet," Pritzker said Friday. "This multi-year project covers over $20
billion of transportation investments including 2,500 miles of roads and
nearly 10 million square feet of the bridge deck."
IDOT also announced the state would use a design-build instead of a
design-bid-build. IDOT Secretary Omer Osman said this could save money
by eliminating one of the steps in the building process.
"A design-build eliminates one step from the process," Osman said. "The
traditional is your design, you bid and you build. All three are
separate teams. This puts the designer and the contractor together in
one room."
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Gov. J.B. Pritzker in Springfield
Friday, Aug. 12, in Springfield, Illinois
Greg Bishop / The Center Square
According to Osman, construction prices have increased significantly
over the past year due to record high inflation.
"The inflation has caused at least a 10% increase in the prices," Osman
said. "Sometimes it depends on the project itself."
The funding will be split into projects, including $6.36 billion for
highway reconstruction and preservation, $6.4 billion for bridge
improvements, $2.03 billion for strategic expansion, $2.48 billion for
system support such as engineering and land acquisition, and $1.55
billion for safety and system modernizations.
The next phase of projects is expected to be completed by 2028.
Andrew Hensel has years of experience as a reporter and
pre-game host for the Joliet Slammers, and as a producer for the Windy
City Bulls. A graduate of Iowa Wesleyan University and Illinois Media
School, Andrew lives in the south suburbs of Chicago. |