WATSONVILLE, Calif., May 24, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Granite Construction Incorporated (NYSE: GVA) announced today that Granite Construction Company, a wholly owned subsidiary, has been awarded a $93 million contract by the Florida Department of Transportation's Florida Turnpike Enterprise for the widening of six miles of the Florida Turnpike (SR 91) in Central Florida.
The full scope of the project includes the widening of the turnpike from four lanes to eight lanes from Interstate 4 to Gotha Road. Also included is the widening of the Turnpike Bridges over Interstate 4 and Apopka-Vineland Road, as well as reconstruction of the Kirkman Road and Gotha Road bridges.
The project also includes the installation of six miles of decorative sound barrier, all lighting, signing and marking, construction of storm water retention ponds, resurfacing existing pavement, landscaping and utilities. The project is scheduled to begin in July 2007 and estimated to be completed by spring 2010.
Granite Construction Incorporated is a member of the S&P 400 Index, the Domini 400 Social Index and is the parent company of Granite Construction Company, one of the nation's largest heavy civil contractors and construction materials producers. Granite Construction Company serves both public and private sector clients through its offices nationwide. For the 4th straight year, Granite was named to FORTUNE'S List of 100 Best Companies to Work For. To obtain more information about the company, please visit their website at http://www.graniteconstruction.com.
SOURCE Granite Construction Incorporated
investors, Jacque Underdown, +1-831-761-4741, or project, Wayne Roberts, +1-813-623-5877, both of Granite Construction Incorporated
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