WATSONVILLE, Calif., July 17 /PRNewswire-FirstCall/ -- GraniteConstruction Incorporated (NYSE: GVA) announced today that GraniteConstruction Company, a wholly-owned subsidiary, was awarded a $26 millioncontract by the Utah Department of Transportation to reconstruct an existingone-mile section of Riverdale Road in Weber County. This is the fourth andfinal contract awarded to Granite for this project. The four awardedcontracts totaled $40 million.
Located north of Salt Lake City, the one-mile project will include theaddition of a new lane in both directions and the reconstruction of the bridgeand Interstate 84 interchange. The majority of the bridge will be constructedoff-site, limiting the impact to the traveling public. Scope of the projectalso includes the replacement of curbs, gutters and sidewalks, as well as newstreet lighting, signals and a storm drainage system.
Work on the project is currently underway with an estimated completiondate of May 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 ConstructionCompany, a wholly owned subsidiary, is one of the nation’s largest diversifiedheavy civil contractors and construction materials producers. GraniteConstruction Company serves public and private sector clients through itsoffices and subsidiaries nationwide. For the 5th straight year, Granite wasnamed to FORTUNE’S List of 100 Best Companies to Work For. For moreinformation about Granite, please visit their website athttp://www.graniteconstruction.com.
SOURCE Granite Construction Incorporated
