Maryland officials say Baltimore Key Bridge rebuild could cost $1.9B

The cost of rebuilding Baltimore's Francis Scott Key Bridge could reach nearly $2 billion, Maryland officials said this week, as the state filed insurance claims related to the collapse.

The Maryland Department of Transportation said the state plans to have the rebuild completed by fall of 2028, with total costs estimated to reach between $1.7 billion and $1.9 billion.

The agency said federal funding, insurance proceeds and other reimbursements will bring a variety of resources toward the rebuild and recovery effort.