Granite Construction JV awarded $275M highway construction project in Sacremento
Granite Construction announced that the joint venture, or JV, team comprised of Granite and Teichert has been awarded a $275M contract by the California Department of Transportation, or Caltrans, for the SAC 5 corridor enhancement project in Sacramento, California. Granite will book its 50% share of the $275M joint venture project into its Q2 backlog. The project will rehabilitate 67 lane miles of Interstate 5 beginning south of the Elk Grove Boulevard Overcrossing and extending to the American River Viaduct. Scope of works includes adding 23 miles of high occupancy vehicle lanes, eight maintenance vehicle pullouts, two sound walls, replacement of a pedestrian overcrossing and installation of fiber optic lines.