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Project Profile: Veterans Memorial Bridge Replacement

Veterans Memorial Bridge Replacement - Portland, Maine

photo credit: Business Wire


Portland, Maine

Project Sponsor / Borrower

Maine Department of Transportation (MaineDOT)

Program Areas

Alternative Project DeliveryProject Finance




The existing Veterans Memorial Bridge was built in 1954 to connect Portland's West End to South Portland over the Fore River. The new bridge, which includes a bicycle/pedestrian pathway as well as green spaces, is designed to last 100 years.

MaineDOT financed the project in part with GARVEE bonds sold as taxable Build America Bonds and tax exempt revenue bonds by the Maine Municipal Bond Bank in November 2010.


$63.1 million

Funding Sources

GARVEE bonds ($24.1 million taxable Build America Bonds, $25.9 million tax exempt revenue bonds) - $50 million

TransCap (Transportation Capital Improvement Trust Fund) revenue bonds - $13.1 million

Project Delivery / Contract Method


Private Partner

Design-builder - Reed & Reed, Inc.

Project Advisors / Consultants

Reed & Reed, Inc. Team

  • T.Y. Lin International - Lead design and engineering
  • SMRT - Landscape design
  • GZA GeoEnvironmental - Geotechnical engineering
  • Barton & Gingold - Public outreach

Hawkins, Delafield & Wood, LLP - Bond Counsel



Duration / Status

Construction began June 2010; open July 2012.

Financial Status


  • Use of 361 pieces of precast concrete to facilitate accelerated project delivery.
Related Links / Articles

FHWA "Every Day Counts" Prefabricated Bridge Elements and Systems Information


Not available

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