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Granite Awarded $267 Million Tunnel Project in Ohio


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Granite (NYSE:GVA) announced today that it has been awarded the Lower Olentangy Tunnel project by the City of Columbus in Columbus, Ohio. The $267 million contract is anticipated to be booked in Granite’s first quarter 2021 backlog.
The Lower Olentangy Tunnel (LOT) project aims to improve water quality and reduce the risk of exposure of humans to waterborne pollutants by reducing overflows from the sewer system into creeks and rivers during flooding. LOT will connect into the upstream end of the previously Granite-constructed OSIS Augmentation Relief Sewer (OARS) at Vine Street. The upstream end of LOT will be located north of Lane Avenue and will provide hydraulic relief to the three existing sewers that are in close proximity of each other: Franklin Main Interceptor Sewer, Olentangy Main Interceptor Sewer, and OARS. ....

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