Granite wins $38 million pair of contracts for i-5 rehabilitation and improvements

Watsonville, calif.--(business wire)--granite (nyse:gva) announced today the award of two contracts for work on interstate 5 near three rocks, california. the first, an approximately $27 million contract, will rehabilitate pavement and construct culvert improvements on i-5. the second, an approximately $11 million contract, will replace two bridge structures over tumey gulch on i-5. the awards are anticipated to be included in granite's second quarter cap. for the first contract, project scope
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