financetom
Business
financetom
/
Business
/
Granite Wins $111 Million Contract for Salt Lake City Project
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Granite Wins $111 Million Contract for Salt Lake City Project
Jul 8, 2025 2:29 PM

05:11 PM EDT, 07/08/2025 (MT Newswires) -- Granite Construction ( GVA ) said late Tuesday it has been awarded a $111 million contract from the Utah Department of Transportation for a major infrastructure project in Salt Lake City.

The project, funded by UDOT and federal sources, will appear in Granite's Q2 committed and awarded projects. Work includes rubblizing existing Portland Cement Concrete Pavement and overlaying with 175,000 tons of highly modified hot mix asphalt.

The scope also features structural deck replacements on 22 bridges, 22,000 linear feet of storm drain installation, and ramp metering installation at California Avenue, the company said, adding that Granite's Walker Hot Plant will supply asphalt materials for the job.

Construction is slated to begin in August this year and wrap up by November 2026, the company said.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Marvell Technology Fiscal Q3 Non-GAAP EPS, Revenue Rise; Q4 Guidance Set -- Shares Up After Hours
Marvell Technology Fiscal Q3 Non-GAAP EPS, Revenue Rise; Q4 Guidance Set -- Shares Up After Hours
Dec 3, 2024
04:56 PM EST, 12/03/2024 (MT Newswires) -- Marvell Technology ( MRVL ) reported fiscal Q3 non-GAAP earnings late Tuesday of $0.43 per diluted share, up from $0.41 a year earlier. Analysts polled by FactSet expected $0.41, excluding certain items. Net revenue for the quarter that ended Nov. 2 was $1.52 billion, up from $1.42 billion a year earlier. Analysts surveyed...
Couchbase Fiscal Q3 Non-GAAP Loss Narrows, Revenue Rises; Fiscal 2025 Outlook Revised
Couchbase Fiscal Q3 Non-GAAP Loss Narrows, Revenue Rises; Fiscal 2025 Outlook Revised
Dec 3, 2024
04:55 PM EST, 12/03/2024 (MT Newswires) -- Couchbase ( BASE ) reported a fiscal Q3 non-GAAP loss late Tuesday of $0.05 per share, narrower than a loss of $0.08 a year earlier. Analysts polled by FactSet expected a loss of $0.08. Revenue for the quarter ended Oct. 31 was $51.6 million, up from $45.8 million a year earlier. Analysts surveyed...
Parsons to Use Globalstar's Software-Defined Satellite Communication Services
Parsons to Use Globalstar's Software-Defined Satellite Communication Services
Dec 3, 2024
04:54 PM EST, 12/03/2024 (MT Newswires) -- Parsons (PSN) will use Globalstar's ( GSAT ) low-earth orbit satellite constellation as part of its satellite communications technology to support communications needs of clients in the public, government and defense sector, particularly in areas where radio frequency congestion is an issue, the companies said on Tuesday. Terms of the partnership weren't disclosed....
Eagle Point Credit Launches Offering of 2030 Notes
Eagle Point Credit Launches Offering of 2030 Notes
Dec 3, 2024
04:56 PM EST, 12/03/2024 (MT Newswires) -- Eagle Point Credit ( ECC ) said late Tuesday it launched a public offering of unsecured notes due 2030. The company intends to grant a 30-day overallotment option to the underwriters to buy additional notes. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved