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Granite Awarded $48 Million Construction Manager/General Contractor Bridge Contract in California
January 21, 2021 GMT
WATSONVILLE, Calif.--(BUSINESS WIRE)--Jan 21, 2021--
Granite (NYSE:GVA) has been awarded the Cosumnes Bridge Parent Package of the Construction Manager/General Contractor (CMGC) contract for the Cosumnes Bridge Replacement Project by the California Department of Transportation (Caltrans) in Sacramento County, California. This CMGC contract is the final award of a seven-part phased delivery of the overall $167 million project. This $48 million contract is anticipated to be included in Granite’s first quarter 2021 backlog.