Granite on Joint Venture Team Selected for PennDOT’s Rapid Bridge Replacement Project
Plenary Walsh Keystone Partners is a consortium comprised of The Plenary Group, The Walsh Group, Granite Construction Company and HDR Engineering. The joint venture of Walsh Construction Company and Granite Construction Company will serve as the design/build contractor on the project. The project is being procured by PennDOT as a public-private partnership.
Under the terms of the design-build contract, the Walsh/Granite joint venture is responsible for the accelerated replacement of 558 geographically dispersed, structurally deficient bridges across the Commonwealth of
Agreement on all the commercial terms is anticipated to be reached in December 2014. Construction is expected to begin in the summer of 2015 with a projected completion date of December 2017. Granite anticipates booking its 40 percent share of the
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. Recognized as one of the top 25 largest construction companies in the U.S., Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting, and is a proven leader in alternative procurement project delivery. Granite is an award-winning firm in Safety, Quality and Environmental Stewardship, and has been honored as one of the World’s Most Ethical Companies by Ethisphere Institute for five years in a row. For more information, visit www.graniteconstruction.com.
Granite Construction Incorporated
Investors
Ron Botoff, 831-728-7532
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Jacque Fourchy, 831-761-4741
Source: Granite Construction Incorporated
