520 bridge project expects more overruns -- to the tune of $128M

SEATTLE -- State Transportation officials now say there could be additional $128 million in overruns on the 520 bridge project, according to the Seattle Times. That would be above and beyond the $250 million contingency fund that was created for the project.

The Times noted that WSDOT is not sure where the extra money will come from, but hopes it can work with contractors to negotiate better terms on the project.

The additional costs are almost all related to cracked pontoons that were discovered last year. To address the issues, WSDOT had to engage in costly repairs and had to file change orders to redesign future pontoons.