CHICAGO – Indiana Friday picked the public-private partnership team that will build its half of the Ohio River Bridges project, saying the winning bid comes in nearly 25% below state cost estimates and cuts almost a year from the schedule.

The state tapped a team lead by Walsh Investors LLC to build Indiana’s half of the $2.6 billion bi-state project that is a joint effort with Kentucky.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.