HUEY P. LONG BRIDGE PROJECT FACES CASH CRUNCH (10/23/2008)

Two long-time state bridge projects could face cash shortfalls caused by national financial problems, including the widening of the Huey P. Long Bridge in Jefferson Parish.

The cash crunch could also hit construction of a new Mississippi River bridge linking New Roads to St. Francisville.  The State Bond Commission was told of that impending problem last week.

The economic crisis has dried up the market for the municipal bonds that were supposed to go on the market in December to pay the bridges' continuing construction costs.

Plus, drivers are cutting back on driving time amid high gasoline prices, so the state's gas tax income is coming in lower than expected.

 


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Louisiana CAT

Louisiana CAT

Performance Contractors

Performance Contractors

Satterfield & Pontikes Construction Group

Satterfield & Pontikes Construction Group

Walton - a CORE Company

Walton - a CORE Company


Cajun Industries

Cajun Industries

Cycle Construction

Cycle Construction

F.L. Crane & Sons

F.L. Crane & Sons

ISC

ISC


MMR Constructors

MMR Constructors

Turner Industries Group

Turner Industries Group


American Sprinkler Company

American Sprinkler Company

Merit Choice

Merit Choice

DonahueFavret

DonahueFavret

Durr Heavy Construcion

Durr Heavy Construcion


Enterprise Fleet Management

Enterprise Fleet Management

Kean Miller

Kean Miller

King Company

King Company

Landis Construction Company

Landis Construction Company

Mayeux's A/C & Heating

Mayeux's A/C & Heating


Pontchartrain Mechanical

Pontchartrain Mechanical