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Overall Changes in Funding in TIP | ||||||
Project | Proposed Change | Explanation | Section/Funding Source | Current Cost | New Cost | Difference |
FFY 2024 Regional Target Program | ||||||
603739: Wrentham– Construction of Route I-495/Route 1A Ramps | Cost Increase | The project reached Plans, Specifications, and Estimates (PS&E) on March 1, 2024. At this stage, additional hazardous material disposal needs were identified, and the project cost has increased as a result. A portion of the cost increase ($2.2 million) will be borne by the Statewide Highway Program and the remainder by the Regional Target Program. | Regional Target: HSIP, STBG, TAP (NEW) Statewide Highway: STBG |
$17,994,890 | $20,616,646 | $2,621,756 |
FFY 2024 Statewide Highway Program | ||||||
613196: Burlington– Lynnfield– Wakefield– Woburn– Bridge Preservation of 10 Bridges Carrying I-95 | Cost Increase | The project received a 75% design resubmission on April 24, 2024, which indicated that the structures included in this project required additional work beyond what is currently funded in the TIP. | Statewide Highway: NHPP, HIP-BR | $3,999,600 | $12,948,243 | $8,948,643 |
FFY = Federal Fiscal Year. HIP-BR = Highway Investment Program, Bridge. HSIP = Highway Safety Improvement Program. NHPP = National Highway Performance Program. STBG = Surface Transportation Block Grants. TAP = Transportation Alternatives Program.