JENNIFER RICH PITTMAN News • Innovation • Stories of a Community

JOURNALIST • EDITOR • DIGITAL STORYTELLING

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.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Information

This entry was posted on February 4, 2011 by in Business.

Categories

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 236 other followers

Twitter Updates

%d bloggers like this: