Benzinga | Jan 19, 2021 08:33AM EST

Granite Joint Venture Team Named To $750M Multiple Award Construction Contract By Naval Facilities Engineering Command, Southwest

The joint venture team comprised of Granite (NYSE:GVA) and Healy Tibbitts Builders, Inc. is one of five contractors selected to participate in a $750 million Waterfront Multiple Award Construction Contract (MACC) by the Naval Facilities Engineering Command, Southwest (NAVFAC SW). The indefinite delivery/indefinite quantity (IDIQ) competitive MACC is comprised of task orders ranging from $50,000 to $100 million, for two base years plus three option years through 2025.