$2,399.1 million (current cost to complete per the 2011 financial plan)
The Final Environmental Impact Statement was approved in January 2006 and Record of Decision was issued in May, 2006. Construction began in mid-2007. A seven-mile initial section opened in February 2011 (Contract A). The remaining mainline road (Contracts B & C) opened to traffic in November 2011. Contracts D & E were combined and modified and opened in November 2014.
The Intercounty Connector (ICC) is a toll highway under construction in Maryland. The road will link 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.
The finished highway will be approximately 18 miles in length, and have six lanes in total. The ICC was initially planned as a spur off of the region's proposed second Beltway. The ICC project has been the focus of various studies and debates since the 1950s and finally started construction in 2007. The finished highway will have a variable tolling structure based on peak and off-peak travel times. Toll collection will be fully electronic, allowing toll collection without significant traffic delays. The road is also expected to stimulate new transit growth through the creation of additional express bus routes along the corridor.
Federal funds:
- GARVEE bonds - $750.0 million (backed by future Federal aid receipts)
- Special Federal funds - $19.3 million (National Corridor Planning and Border Infrastructure Program funding, SAFETEA-LU National Corridor Improvement Program and high priority project funding)
State funds:
- MdTA Toll Revenue bonds and cash - $668.9 million (backed by future MdTA system toll revenue)
- TIFIA loan - $516.0 million (backed by future MdTA system toll revenue)
- State of Maryland Transportation Trust Fund - $180.0 million (motor fuel tax receipts, motor vehicle excise taxes, motor vehicle fees, corporate income taxes, operating revenues)
- State of Maryland General Fund and General Obligation Bonds - $264.9 million
Design-Build
Design-Builders
- Intercounty Constructors - A Joint Venture of Granite Construction Company, Corman Construction, Inc., and G.A. & F.C. Wagman, Inc.
- MD200 Constructors - A Joint Venture of Kiewit Southern Co., Corman Construction, and G.A. & F.C. Wagman Inc.
- IC3 - A Joint Venture of Shirley Contracting Company, LLC; Clark Construction Group, LLC; Guy F. Atkinson Construction, LLC; Facchina Construction Company, Inc. and Trumbull Corporation
To USDOT TIFIA JPO:
- TIFIA Legal Advisors: Katten Muchin Rosenman
- TIFIA Financial Advisors: Scully Capital
Direct loan: $516.0 million
The TIFIA loan will be repaid using net toll revenues from the Maryland Transportation Authority.
- Debt will be secured by revenues from tolls on the ICC and the seven other existing toll facilities operated by MdTA
- Successful issuance of $750 million in GARVEE bonds to support the construction of the project
ICC Project Team Contact Information
Tel: (866) 462-0020
Email: iccproject@sha.state.md.us