New toll-related contracts approved for Ohio River Bridges Proje - WDRB 41 Louisville News

New toll-related contracts approved for Ohio River Bridges Project

Posted: Updated:

JEFFERSONVILLE, Ind. (WDRB) –Transportation and finance officials from Kentucky and Indiana agreed to hire two companies on Wednesday that will work on a tolling system for the Ohio River Bridges Project.

At a 10-minute meeting in Jeffersonville, the project's four-member joint board approved contracts with New York-based KPMG and eTrans KY Inc., a company connected to the eTrans Group of Johns Creek, Ga., which has worked on all-electronic toll roads elsewhere. Both contracts were overseen by the Kentucky Transportation Cabinet.

KPMG, the strategic adviser to the now-defunct Louisville and Southern Indiana Bridges Authority under a contract awarded by the Indiana Finance Authority, will be paid up to $3.45 million. The company will oversee various aspects of the money collected by tolls, including audits.

eTrans is to be paid as much as $2.1 million. The company will monitor the work of a yet-to-be-chosen company that will operate a toll system on the Interstate 65 bridges and a new span between Prospect, Ky., and Utica, Ind.

Both contracts end in 2016, but each can be renewed twice until 2020.

eTrans succeeds Computer Aid Inc., the former toll adviser that played a key role in a conflict-of-interest claim by a bidder that lost a lucrative contract operating the project's toll system. The states later decided to seek a new adviser and re-open the toll system provider search.

Also on Wednesday, the states agreed to hire an insurance broker to advise them about buying an insurance policy for incidents that could damage the toll bridges. Megan McLain, a Kentucky Transportation Cabinet attorney, cited the example of a barge striking a bridge.

“It will cover action outside our control,” she said.

Previous stories:

Indiana finance director leaves state government

Downtown bridge expected to open ahead of schedule

Toll operator for bridges project to be selected in February

Copyright 2015 WDRB News. All rights reserved.

Powered by Frankly
All content © Copyright 2000 - 2017 WDRB. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.