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Stock impact report

Granite Launches Major Infrastructure Project to Enhance SR 58/SR 99 Interchange in Bakersfield

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $27 million contract by the City of Bakersfield to enhance the connectivity and efficiency of the State Route 58/State Route 99 (SR 58/SR 99) interchange in Bakersfield. Project funding is to come from the City of Bakersfield and the Thomas Roads Improvement Program (TRIP) and was included in Granite’s third-quarter CAP.The project includes the widening the bridge over SR 99, which will be added to the existing east bound SR 58 bridge. A new bridge will also be built spanning Wible Road, connecting directly to north bound SR 99.Key components of the project include:Four retaining walls2,830 cubic yards of continuously reinforced concrete pavement (CRCP)3,000 linear feet of concrete barrier rail14,300 cubic yards of import borrowA comprehensive drainage package“We are excited to continue our strong relationship with the City of Bakersfield by providing an essential upgrade to one of the most Show less Read more
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