Caltrans Selects Granite Construction to Widen Highway 46 in California

Granite Construction Incorporated (NYSE: GVA) announced today that Granite Construction Company has been awarded a $22 million contract by the California Department of Transportation (“Caltrans”) for the widening of approximately seven miles of Highway 46 near Bakersfield, CA.

Scope of the work includes the construction and widening of the existing two-lane highway to a four-lane expressway.

Along with the roadway excavation, work will include the placement of aggregate base, asphalt and concrete paving and the construction of drainage culverts.

Work is estimated to begin June 2010 and be completed by September 2011.


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