Granite awarded first phase of cmgc contract in alaska for parks highway realignment

Watsonville, calif.--(business wire)--granite (nyse:gva) has been awarded a federally funded $54 million contract to build the first of two construction phases under a construction manager/general contractor (cmgc) contract with the alaska department of transportation and public facilities (dot & pf). this phase of the project involves the realignment of the parks highway from milepost 319 to 322, aimed to reduce sharp corners and improve traffic safety. major work activities include 2.5 mi.
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