California Transportation Commission Executive Director Andre Boutros released the estimate at a meeting of the Bay Area Toll Authority on Wednesday morning. He said officials are still hopeful they can open the bridge on schedule on Labor Day.
The repair officials plan to go ahead with for the 32 rods that failed involves installing a saddle.
The rods connect steel earthquake safety devices to the deck of the bridge and a large concrete cap. They snapped while being tightened in March.
The new bridge is replacing a span damaged during the 1989 Loma Prieta earthquake.
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