Granite gets piece of $72M contract

Santa Cruz Sentinel
WATSONVILLE – Granite Construction will be rehabilitating and widening a portion of Highway 101 in Monterey County as part of a $72 million contract with the California Department of Transportation, the company announced Thursday.

The project is a joint venture with MCM Construction Inc. Granite’s share of the contract is 67 percent, or about $48 million.

The team will be excavating part of 101 between Espinosa and Echo Valley roads just north of Salinas. It will include repaving with asphalt concrete and storm drain installation as well as the establishment of retaining walls and building seven bridges. Construction is expected to begin in spring 2011 and be completed by fall 2013.

Last month, the company was awarded a $114 million joint venture contract with the Utah Department of Transportation to build the second segment of the Mountain View Corridor in western Salt Lake County. Granite’s share of the contract is 45 percent, or approximately $51 million. Granite also announced it had won a $29.5 million California Department of Transportation contract to build a four-lane highway near the Southern California town of Brawley on State Route 78.

This article first appeared here.


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