The Louisville and Southern Indiana Bridges Authority

MISSION

Our mission is to finance, construct and oversee the Ohio River Bridges Project.

The Louisville and Southern Indiana Bridges Authority was established with one purpose in mind—to deliver the Ohio River Bridges Project, and to do so as quickly as possible. This mission statement is directly related to and consistent with our statutory purpose.

VISION

Two Bridges, One Project; Two States, One Team

Our vision reflects our commitment and aspiration to deliver two bridges, as a single project, and to represent our two states, as a single team.

We envision the project as a self-sustaining, integrated cross-river mobility solution that serves local travelers and highway system users alike in this vital transportation corridor of the country. We see a completed project that unites and promotes the livability of communities in Kentuckiana, providing a safe and cost effective means for the traveling public to cross the Ohio River or to access Downtown Louisville for work, for pleasure, or for engaging in commerce. We envision project facilities that are safe, efficient, accommodating, in a state of good repair, and sensitive to the needs of the local community and the environment.

As an Authority, we see ourselves as a “bridge” of sorts between two states, acting as a catalyst for coordinated and cooperative action alongside our state and federal partners and serving as a focal point for the constant emphasis of our unity of purpose, as we strive together to reach the goal defined in our Mission.

VALUES

Superior Value, Speed, Stakeholder Opportunity, Safety, and Sustainability

Our values are our guiding principles. We use them to help guide our decision-making in alignment with our Vision and our Mission. Each of them reflects a key priority that, in and of itself, is worthy of our focus in the pursuit of our Mission. Because each Value is of such great importance, we recognize the possibility that situations may arise from time to time when we are faced with the necessity of choosing among them or giving one a higher priority than another. Nonetheless, we will continuously seek to improve these trade-offs as they present themselves, always working to achieve an optimal result that strikes the right balance among them. By following this approach, we will strive to deliver our project in the best way, the fastest way, and the right way—in an appropriate balance.

Superior Value—We want our project to deliver superior value over the long term to its state sponsors, to taxpayers, to project partners and especially to its end users.

Speed—We want to operate at the speed of business in order to deliver the project as rapidly as possible.

Stakeholder Opportunity—We want our project to create a tremendous amount of opportunities for all our stakeholders: jobs for individuals; expansion and growth opportunities for businesses; economic development for our region and our two states, and a more livable community for our citizens overall.

Safety—We want to promote a culture of safety for the project for the benefit of workers and travelers alike.

Sustainability—We want the project, when completed, to address traffic congestion issues in the metropolitan area and to be a self-sustaining, integrated cross-river mobility solution for future generations.

STRATEGIC OBJECTIVES

• Build the Bi-State Authority into an effective, long-term project sponsor.
  Because the Authority is responsible for completing the project under 
  a demanding timeline, it must rapidly develop the organizational 
  capabilities, resources and processes required of an effective long-term project sponsor.
• Execute a financial plan that is fair, sound and doable.
  Whatever mix of funding and financing is selected, the plan must demonstrate prudent stewardship of public resources, be financially viable, and provide measurable value to users and taxpayers alike.
• Manage risk to realize long-term project benefits. 
  To ensure that the project delivers maximum value to the public over the
  long term, the Authority must carefully assess project risks and allocate
  those risks to the parties most capable of managing them.
• Deliver on all the expected project benefits.
  The project will provide a wide range of benefits, including congestion
  relief, improved transportation safety, improved livability, job creation,
  inclusion, economic impact and multi-modal choices for travelers. It is
  important that all these benefits receive full attention and commitment
  throughout the development process.