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December 2, 2024

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I-95

Paving, Site Work

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$18,345,000.00

Public - State/Provincial

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I-95, Claymont, DE

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County : New Castle County Project Description : In order to complete the construction activities for the rehabilitation of I-95, GARVEE bonds were sold to fund this work. The funds to repay the debt service on the bonds are included under this project, as well as, the re-financing of the US 301 GARVEE Bonds. Project Justification : The rehabilitation of I-95 project will be using innovative financing to complete construction. GARVEE Bonds are being used to finance the effort. As of September 21, 2024, the project is in Final Planning status. Anticipated Construction year is 2024. DEDOT - Rehabilitation Of I-95, Garvee Debt Service *Project information has been obtained through a public state transportation improvement plan (STIP). A STIP is a financial schedule for short- and long-range projects which is updated regularly. Information listed in the STIP often evolves based on funding availability. The project details, including timeline and value, are subject to change. The content management team will continue to pursue additional details as they become available.

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