- Briefing Room
Montgomery and Prince George's County, Maryland
|Project Sponsor / Borrower||
Maryland State Highway Administration (SHA)
Maryland Transportation Authority (MdTA)
The 18-mile, 6-lane Intercounty Connector (ICC), also referred to as Maryland Route 200, is a toll highway in Maryland connecting I-270 in Gaithersburg and US 1 in Laurel. The road links existing and proposed development areas between the I-270/I-370 and I-95/US 1 corridors within central and eastern Montgomery County and northwestern Prince George's County north of Washington, DC.
The ICC was initially planned as a spur off of the region's proposed second Beltway. The ICC project was the focus of various studies since the 1950s and finally began construction in 2007, opening in segments:
The completed highway uses a variable tolling structure based on peak and off-peak travel times. Toll collection is fully electronic, the first such application in the state.
$2,386 million (per the final financial plan update)
Federal funds (per the 2011 financial plan)
State funds (per the 2011 financial plan)
|Project Delivery / Contract Method||
|Project Advisors / Consultants||
To USDOT TIFIA JPO
Bondholders, USDOT TIFIA
|Duration / Status||
Construction began in mid-2007. Contract A opened in February 2011. Contracts B & C opened to traffic in November 2011. Contracts D & E opened in November 2014.
|TIFIA Credit Assistance||
Direct Loan - $516.0 million
The TIFIA loan will be repaid using net toll revenues from the Maryland Transportation Authority.
|Financial Status / Financial Performance||
The TIFIA loan agreement signed on December 19, 2008.
TIFIA interest payments began in 2013 and principal payments are scheduled to begin in 2018 with final repayment in 2046.
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