Big numbers… How much does it cost to rebuild the collapsed Baltimore bridge?

The US government granted Maryland $60 million in emergency federal relief on Thursday after the collapse of the Francis Scott Key Bridge in Baltimore. The Department of Transportation’s Federal Highway Administration approved the request within hours.

Approval of this funding usually takes days, but President Joe Biden said he directed the federal government to “make every effort” to quickly rebuild the bridge.

“These funds are a down payment to cover initial costs, and additional funding will be provided for the emergency relief program as work continues,” the Ministry of Transport said in a statement.

The economic software analysis firm I.M. Plan said that preliminary estimates of the reconstruction costs, which are likely to be borne by the federal government, amount to $600 million.

But federal officials told Maryland lawmakers that the cost could increase to at least $2 billion, The Hill newspaper reported, citing a source familiar with the discussions. (Sky News Arabia)

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