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Article: Granite Construction Joint Venture Team Awarded $659 Million Contract to Build Queens Bored Tunnels and Structures in New York.
- Article from:
- Real Estate Weekly News
- Article date:
- October 16, 2009
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Granite Construction Incorporated (NYSE:GVA) announced that a joint venture team comprised of Granite Construction Northeast Inc., Traylor Bros. and Frontier-Kemper Constructors, Inc., has been awarded a $659 million contract by the MTA Capital Construction ("MTACC") to build the Queens Bored Tunnels and Structures for Long Island Rail Road's ("LIRR") East Side Access project in New York. In conjunction with the award, the MTACC also issued a full notice to proceed on the project. Granite's 42.5% share of the contract will be booked into third quarter 2009 backlog.
The Queens Bored Tunnels and Structures contract is part of the LIRR's East Side Access project and ...