DOT will pay big bucks if I-85 finished ahead of schedule

[private]Georgia DOT officials have given the contractor rebuilding the I-85 bridges a powerful financial incentive to get the job finished ahead of schedule: early completion can mean as much as $3.1 million in bonus payments.

DOT Commissioner Russell McMurry said the early completion incentives were added to the contract signed with C. W. Matthews Contracting Co. of Marietta, a politically well-connected construction firm, to handle the I-85 project.

The completion date is set for June 15, but if C.W. Matthews complete the project by May 25, the company will receive an additional $1.5 million. If completed by May 21, they will receive $2 million and an additional $200,000 for each day completed before May 21, up to a maximum of $3.1 million.

“We are pleased to award the contract to a Georgia-based company that has continued to do exceptional work for Georgia DOT and the people of Georgia over the years,” McMurry said. “In addition, at the direction of Governor Deal, we have incorporated early completion incentives into this agreement, similar to those that are often offered in the private sector.”

Since the catastrophic fire on March 30 that destroyed the I-85 bridges near Piedmont Road, DOT officials said “significant progress” has been made on the earliest stages of rebuilding the bridges:

  • All 13 columns that support the bridge structure have been poured.
  • The pouring of concrete for the bridge caps (located on top of the columns) has started.
  • One third of the 61 beams needed have been cast.

© 2017 by The Georgia Report

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Tags: C. W. Matthews , DOT , I-85 project