-

Granite Selected for $257 Million Construction Manager/General Contractor Project in Central California

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been selected by California Department of Transportation (Caltrans) as the Construction Manager/General Contractor (CM/GC) for the $257 million State Route 99 Rehabilitation from El Dorado Street to Clinton Ave project in Fresno, California. The first phase of this contract is the construction management portion which is valued at $3 million. The entire project is valued at $257 million.

The State Route 99 Rehabilitation from El Dorado Street to Clinton Ave project will reconstruct 3.2 miles of roadway with concrete pavement and alleviate road traffic backups through downtown Fresno with improved interchange configurations, added auxiliary lanes, and increased shoulder widths. The project continues the widening of State Route 99 from a previous project completed for Caltrans by Granite in 2018.

The scope of work includes the replacement or widening of six bridges and several retaining and sound walls to accommodate highway widening including an existing Union Pacific bridge. Drainage facilities within the project will be replaced including two pumping plants.

“We are honored to once again team up with Caltrans and improve transportation in Fresno,” said Granite Regional Vice President Carter Rohrbough. “Being invited to be a part of the design and planning of this project provides Granite the opportunity to bring more value to Caltrans to ultimately support our communities and their traffic needs.”

The Construction Management (CM) portion of the contract is expected to begin by the end of 2020, with the General Contractor (GC) phase of the project slated to begin in mid-2024. The contract will be booked into Granite's fourth quarter 2020 backlog.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. In addition to being one of the World’s Most Ethical Companies for eleven consecutive years, Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.

Contacts

Granite Contacts
Media
Erin Kuhlman 831-768-4111

Investors
Lisa Curtis 831-728-7532

Granite

NYSE:GVA

Release Versions

Contacts

Granite Contacts
Media
Erin Kuhlman 831-768-4111

Investors
Lisa Curtis 831-728-7532

More News From Granite

Granite Reports Third Quarter 2025 Results

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA) today announced results for the quarter ended September 30, 2025. Third Quarter 2025 Results Net income attributable to Granite totaled $103 million, or $1.98 per diluted share, compared to net income attributable to Granite of $79 million, or $1.57 per diluted share, for the same period in the prior year. Adjusted net income attributable to Granite (2) totaled $124 million, or $2.70 per diluted share, compared to adjusted net income att...

Granite Selected for I-290 Drainage Improvements Under IDOT’s First CM/GC Contract

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its selection by the Illinois Department of Transportation (IDOT) for a Construction Manager/General Contractor (CM/GC) contract for the I-290 Drainage Improvements Project in Chicago, Illinois. This federally funded initiative will be included in Granite’s third quarter CAP. The project includes the installation of 3.3 miles of new trunk sewer, with diameters reaching up to 90 inches, the construction of new detention systems,...

Granite Launches GMP 4 at Tucson International Airport, Expanding Airfield Safety Enhancement Program

WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has announced the award of a contract valued at approximately $70 million by the Tucson Airport Authority (TAA) for work at Tucson International Airport (TUS). This contract represents a significant development within TAA’s estimated $400 million multi-year Airfield Safety Enhancement (ASE) Program. It is the fourth Guaranteed Maximum Price (GMP 4) work package granted under TAA’s ongoing Construction Manager at Risk project. Project fund...
Back to Newsroom