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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

I-49 S. Ambassador Caffery/US 90 Interchange near Broussard in Lafayette Parish

Mpa of US 90 /I-49 and highlights on segments to be improved.
Alternate Project Name
US 90 and Ambassador Caffery Blvd. and US 90 and Albertson Parkway
Project Type
Roads and Bridges
Financing Type
TIFIA
Status
Credit Agreement Executed
Sponsor/Borrower
Louisiana State Bond Commission for the benefit of the Louisiana Department of Transportation and Development (LADOTD)
Project Description

 

The project, approximately 2.4 miles in length, includes new two-lane frontage roads and construction of mainline interchange structures at the intersection of US 90 and Ambassador Caffery Blvd and US 90 and Albertson Parkway. Bridge structures will also be required for the mainline and service roads to traverse a BNSF railroad line. All roadway elements will be designed based on 20-year traffic projections and interstate standards. All bridges will have a structural design life of 75 years.   The Albertson Parkway section of the project completed construction in October 2019.

The project is located in the City of Broussard, Louisiana, in Lafayette Parish. This area is included in the Urbanized Area of the Acadian Metropolitan Planning Commission.  

Project Details
TIFIA Assistance
$86.60M
Project Cost
$262.80M
Fiscal Year Closed
FY2022
Project Delivery/Contract Method
DBB to be awarded, party not yet selected
Project Participants
Louisiana State Bond Commission will be the Borrower on behalf of the State. Louisiana Department of Transportation and Development will be responsible for the project. Construction •
Project Advisers/Consultants
To Borrower:
• Financial Advisor: Lamont Financial Services Corp, and
Ernst & Young Infrastructure Advisors
• Legal: Foley & Jubell, LLP

To USDOT Build America Bureau:
• Financial Advisor: PFM Financial Advisors
• Legal Advisor: White & Case LLP
Application Details
Credit Agreement Executed
Estimated Project Cost
$267.00M
TIFIA Request
$86.60M
Instrument Type
Direct Loan