The invention discloses a tunnel arch foot connecting plate positioning tool and a steel arch construction method. The tunnel arch foot connecting plate positioning tool comprises two or more box bodies, each box body comprises a positioning plate and a cover body, a cavity for containing a connecting plate is formed in the positioning plate, limiting holes corresponding to connecting holes in the connecting plate are formed in the bottom of the positioning plate, a fracture groove is formed in the middle of the cover body, the cover body covers the positioning plates and shields the connecting holes in the connecting plates, and a limiting piece is connected between every two adjacent positioning plates. When the tool is used for construction, firstly, the positioning plates are fixedly installed at the preassembling positions, corresponding to the steel arches, on the two sides, then the connecting plates are fixedly installed on the positioning plates, the limiting pieces are installed between every two adjacent positioning plates and adjusted, the steel arches at the positions, corresponding to arch feet, on the two sides are spliced through the steel arches of the preset size, after the steel arch is fixed, the cover body is installed on the positioning plate, concrete is sprayed, and after the concrete is solidified, the cover body, the positioning plate and the limiting piece are removed. According to the tunnel arch foot connecting plate positioning tool, the connecting hole can be effectively prevented from being blocked.