Granite Awarded $26 Million Highway Project in Central California

WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) announced today that it has been awarded a $26 million highway widening project for the city of Bakersfield. Granite will book the project into backlog in the third quarter of 2013.

The project consists of widening the existing two-lane State Route 178 to a four-lane expressway. Construction includes building a six-lane overpass, concrete structures, roadway excavation, storm drains, and utility culverts.

Construction on the project is underway and is expected to be complete in the summer of 2015. For more information, visit www.bakersfieldfreeways.us/project_SR178_morning_drive.html.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE: GVA) is one of the nation’s largest infrastructure contractors and construction materials producers. Incorporated in 1922, Granite serves public- and private-sector clients on projects both small and large. Granite’s project teams represent some of the best in the industry serving owners in the transportation, power, federal, tunneling, underground, and industrial/mining and water resources markets. In 2013, the Company was recognized by the Ethisphere Institute as one of the World’s Most Ethical Companies for the fourth year in a row. For more information, please visit www.graniteconstruction.com.

Granite Construction Incorporated
Jacque Fourchy, 831-761-4741

Source: Granite Construction Incorporated