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Granite Construction Wins Contract to Reconstruct Highway in California

Dec 10 2009

Granite Construction Incorporated (NYSE:GVA) today announced that Granite Construction Company has been awarded a $24 million contract for the reconstruction of thirteen miles of Highway 101 near San Jose, California.

The project was awarded by the California Department of Transportation and funded by the American Recovery and Reinvestment Act.

Scope of the project includes grinding and repaving the north- and southbound lanes of Highway 101 between Silicon Valley Road and the Guadalupe River Bridge in Santa Clara County.

The project is scheduled to begin May 2010 with an estimated completion date of August 2010.

Source: http://www.graniteconstruction.com/

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