Finance, Impact Assessment, Stream Crossing, Transportation
This report looks at the potential financial impact of LD 1725 on the estimated 30,000 stream crossings in the State of Maine that would be affected by the law. Our research for this report included the analysis of nearly 2000 stream crossings and the data collection necessary for the development of extensive stream crossing replacement cost models. We found that the 1.2 bankfull requirements in LD 1725 would result in a 75% ‐ 250% increase in structure widths for stream crossing projects across the state. An upsize of this magnitude would increase the cost of replacing stream crossings statewide by $230 ‐ $474 million over the next twenty years. As written, LD 1725 does not provide the funding mechanisms to finance the substantial additional costs that municipalities and state agencies will face.
New England Environmental Finance Center, "A Financial Impact Assessment of LD 1725: Stream Crossings" (2011). Economics and Finance. 5.