Parsons Enterprises Inc. secures $4.05 billion contract for Brent Spence Bridge Corridor Project
Type: Development · Technology: Transport · Country: United States · Value: $4.05B · Announced: 2026-05-09
Parsons Enterprises Inc. secured a $4.05 billion development contract for the Brent Spence Bridge Corridor Project, a critical infrastructure initiative connecting Kentucky and Ohio. The project involves the replacement and expansion of the existing Brent Spence Bridge, a key transportation artery carrying I-75 and I-71 traffic between Cincinnati and Northern Kentucky. Expected to commence construction in mid-2026, the project aims to alleviate chronic congestion and improve freight mobility in the region. Parsons will serve as the lead developer, coordinating with state transportation agencies to deliver the 4.5-mile corridor upgrade. The financing structure includes federal grants and state contributions, with Parsons responsible for project delivery and management.
Counterparties
- Ohio Department of Transportation (Borrower)
- Parsons Enterprises Inc. (Developer)
- Kentucky Transportation Cabinet (Borrower)