Location |
Montgomery and Prince George's County, Maryland |
Project Sponsor / Borrower |
Maryland State Highway Administration (SHA) Maryland Transportation Authority (MdTA) |
Program Areas |
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Fiscal Year Approved |
Fiscal Year 2009 |
Mode |
Toll Highway |
Description |
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. |
Cost |
$2,386 million (per the final financial plan update) |
Funding Sources |
Federal funds (per the 2011 financial plan):
State funds (per the 2011 financial plan):
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Project Delivery / Contract Method |
Design-Build |
Private Partner |
Design-Builders:
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Project Advisors / Consultants |
To USDOT TIFIA JPO:
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Lenders |
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. |
Innovations |
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Related Links / Articles |
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Contacts |