Granite Awarded $29.7 Million Site Preparation Project in California

WATSONVILLE, Calif., March 27 /PRNewswire-FirstCall/ -- Granite Construction Incorporated (NYSE: GVA) announced today that Granite Construction Company was awarded three contracts totaling $29.7 million by Bernards Bros. Inc. for the site work for a new educational facility at Minarets High School. The project involves site preparation, underground utilities, building foundations and site concrete work.

Construction of the site, which is located in the foothills of Madera County at Highway 41 and Road 200, includes 344,000 cubic yards of blasted rock excavation, the placement of over 51,000 linear feet of underground water, sewer, storm drain and gas utilities, grading and paving. The site concrete consists of six building pads and ten retaining walls, all totaling over 8,600 cubic yards of concrete.

Work began in January 2008 and is scheduled for completion by December 2009. The school plans to open its doors to students in the Fall of 2009.

About Granite

Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the Domini 400 Social Index and the Russell 2000. Granite Construction Company, a wholly owned subsidiary, is one of the nation's largest diversified heavy civil contractors and construction materials producers. Granite Construction Company serves public and private sector clients through its offices and subsidiaries nationwide. For the 5th straight year, Granite was named to FORTUNE'S List of 100 Best Companies to Work For. For more information about Granite, please visit their website at http://www.graniteconstruction.com.

SOURCE Granite Construction Incorporated