WATSONVILLE, Calif., May 27, 2009 (BUSINESS WIRE) -- Granite Construction Incorporated (NYSE:GVA) announced today that Granite Construction Company has been awarded a $20.4 million contract by the Utah Department of Transportation for the reconstruction of Riverdale Road in Riverdale, Utah. Linking Weber County to Ogden, Riverdale Road is a major east-west thoroughfare and one of the busiest roads in Utah.
The contract calls for the reconstruction of five lanes of asphalt into seven lanes of portland cement concrete over a one mile span of Riverdale Road from 550 West to Lincoln Avenue. Work will include 30,000 cubic yards of roadway excavation, 70,000 square yards of portland cement concrete and 20,000 tons of hot mix asphalt. Scope of the project also includes the replacement of curbs, gutters and sidewalks, as well as new street lighting, signals and a storm drainage system. The project is scheduled for completion in July 2010.
Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the Domini 400 Social Index and the Russell 2000. Granite Construction Company, a wholly owned subsidiary, is one of the nation's largest diversified heavy civil contractors and construction materials producers. Granite Construction Company serves public and private sector clients through its offices and subsidiaries nationwide. For more information about Granite, please visit their website at www.graniteconstruction.com.
SOURCE: Granite Construction Incorporated
Granite Construction Incorporated
Jacque Fourchy, 831-761-4714
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