Inflation stalls Maine infrastructure projects including new ferry for Peaks Island
The agency that runs Casco Bay ferries spent 5 years putting together $15 million in funding to replace its 30-year-old Machigonne II. The sole bid for the new boat came in at more than $22 million.
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The Casco Bay ferry Machigonne II returns to the terminal from Peaks Island on Tuesday. Plans have stalled to build an eco-friendly replacement for the aging ferry because the only bid to build the new vessel was nearly 50 percent over budget. Brianna Soukup/Staff Photographer
Plans to build an eco-friendly replacement for the aging ferry that serves Peaks Island face a setback after the only proposal to build the vessel came in nearly 50 percent over budget.