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Granite Awarded $25 Million Roadway Reconstruction Project in Utah

GVA | February 9, 2017

Granite Awarded $25 Million Roadway Reconstruction Project in Utah

Granite Construction Incorporated (NYSE:GVA) announced today that it has been awarded a $25 million Construction Manager/General Contractor (CM/GC) contract by the Utah Department of Transportation for the reconstruction of State Route 108 in Davis County, Utah, approximately 20 miles north of Salt Lake City. The contract will be included in Granite’s fourth quarter 2016 backlog.

Scope of the work includes the reconstruction of two miles of a three-lane asphalt roadway into a five-lane portland cement concrete pavement (PCCP) corridor with bike lanes and upgraded pedestrian features. Granite will install 24,000 linear feet of pressurized water/irrigation lines and 18,000 linear feet of gravity fed irrigation/storm drains, as well as remove 35,000 linear feet of pipe and install 120,000 square yards of PCCP.

Construction is scheduled to begin in February 2017 and is scheduled to be complete by November 2018.

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. 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 seven consecutive years. Granite is listed on the New York Stock Exchange and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, visit graniteconstruction.com.