Granite Awarded $64 Million Road Separation Contract in Southern California

Rhea-AI Summary

Granite (NYSE:GVA) has secured a $64 million contract for the Jurupa Road Grade Separation project from the Riverside County Transportation Department in California. This contract is part of Granite’s second quarter committed and awarded projects. The work involves separating Jurupa Road from the Union Pacific Railroad, aimed at enhancing community safety by reducing traffic congestion and emergency vehicle response times. Construction is set to start in August 2021 and finish by August 2023.

Positive

• Awarded a $64 million contract that enhances infrastructure investments.
• Project aims to improve community safety and reduce traffic congestion.

Negative

• None.

Granite (NYSE:GVA) has been awarded a $64 million contract for the Jurupa Road Grade Separation project by the Riverside County Transportation Department in Jurupa Valley, California. The contract award was included in Granite’s second quarter committed and awarded projects (CAP).

The scope of work includes separating Jurupa Road and the Union Pacific Railroad by constructing a grade separation and relocating existing rail spurs. As the daily vehicle traffic and train count continues to grow, the grade separation will improve community safety by mitigating traffic congestion, decreasing emergency vehicle response time, and reducing air pollution.

“We are happy to continue our long-established relationships with both the Riverside County Transportation Department and the Union Pacific Railroad,” said Granite Regional Vice President, Brad Williams. “We look forward to enhancing safety and improving the roadway conditions for community members and the driving public.”

Construction is expected to begin in August 2021 and anticipated for completion in August 2023.

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. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210804006077/en/

FAQ

What is the value of Granite's contract for the Jurupa Road project?

Granite has been awarded a $64 million contract for the Jurupa Road Grade Separation project.

When is construction expected to begin on the Jurupa Road project?

Construction is expected to begin in August 2021.

What is the completion date for the Jurupa Road Grade Separation project?

The project is anticipated for completion in August 2023.

Who awarded the contract to Granite for the Jurupa Road project?

The Riverside County Transportation Department awarded the contract to Granite.

What improvements will the Jurupa Road project bring to the community?

The project aims to improve safety by mitigating traffic congestion and decreasing emergency vehicle response time.