Granite awarded an approximately $173 million weir widening contract

Watsonville, calif.--(business wire)--granite (nyse:gva) has been awarded an approximately $173 million contract by the u.s. army corps of engineers (usace), sacramento district, to construct various elements along the sacramento river in california. project funding will come from the emergency supplemental appropriations in the bipartisan budget act of 2018 and other sources and will be included in granite's second-quarter cap. the project is designed to reduce regional flood risk along the sa.
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