For many motorists puzzled by the roundabout at Olio Road and Southeastern Parkway near I-69, relief may be on the way.

The Fishers Board of Public Works and Safety on Tuesday approved a $6.7 million construction bid from E&B Paving to redesign the busy intersection.

City Project Engineer Tami Houston told the board the winning bid came in slightly above initial estimates, but city officials will look for cost savings as the project moves forward.

Funding for the project will include approximately $2.9 million from the Metropolitan Planning Organization, with the City of Fishers covering the remaining cost.

Construction is expected to begin next month and be completed by November.

Plans call for a significant reconfiguration of the current roundabout, which has been a source of confusion for some drivers. The project will simplify traffic flow by redesigning the roundabout into a four-lane configuration and adding a traffic signal on Olio Road coming south over the I-69 bridge.

Houston said the goal is to keep most of the roundabout open during construction, although some detours will be required.

Fishers Mayor Scott Fadness, a board member, said the project is expected to bring a “vast improvement” for motorists traveling through the area.