Maryland plans to rebuild the Francis Scott Key Bridge over the course of just over four years at an estimated cost between $1.7 billion and $1.9 billion, following its collapse on March 26. The state aims to complete a new span by fall of 2028, with the cost estimate being preliminary at this stage. Salvage efforts are ongoing, and the authorities recently recovered the body of a fifth person who was missing after the collapse. The victim was identified as Miguel Angel Luna Gonzalez, one of six members of a roadwork crew who tragically lost their lives in the incident.
The recovery of construction vehicles and bodies continues with the recent discovery of one of the missing vehicles and a recovered body on the scene. Maryland State Police, transportation authorities, and the FBI responded to the discovery, further escalating the investigation into the cause of the bridge collapse. In an effort to financially recoup some of the losses incurred by the collapse, the broker for the bridge’s insurance policy confirmed a $350 million payout to Maryland, marking the first of many anticipated payouts. Federal funding and insurance proceeds are expected to support the rebuilding and recovery efforts.
The Dali container ship has been stationary at the wreckage site since the collapse, hindering maritime traffic through the Port of Baltimore. Plans are underway to refloat and remove the ship by May 10 to allow for the resumption of maritime traffic. Salvage and demolition crews are working diligently to clear the wreckage, focusing on freeing the ship from the steel span that currently obstructs its movement. A controlled demolition is scheduled to further breakdown the remaining span and facilitate the removal process.
Maryland transportation officials foresee the cost to rebuild the bridge aligning with similar projects of this scale and complexity. Various resources, including federal funding, insurance proceeds, and potential reimbursements, will be utilized to support the rebuild and recovery effort. The state is pursuing additional recovery options to minimize the net cost to taxpayers and toll customers. The hydraulic grabber, a significant piece of equipment in the recovery efforts, has been utilized to clear wreckage and lift steel beams onto barges, showcasing the extensive operation at the collapse site.
Despite the tragic incident and ongoing recovery efforts, Governor Wes Moore expressed condolences for the victims and their families. He emphasized the importance of comfort, healing, and peace in the wake of the collapse. The bridge’s insurer, Chubb, is making preparations for the $350 million payout, which will contribute towards the rebuilding process. Maryland transportation authorities are working in coordination with various agencies and organizations to ensure a comprehensive and efficient recovery plan. As salvage and demolition efforts continue, the long-term goal remains to restore the bridge and resume normal maritime operations through the Port of Baltimore.
