Benzinga | Mar 24, 2021 08:35AM EDT

Primoris Services Corporation Secures Heavy Civil Project Valued Over $35M

Primoris Services Corporation (NASDAQ Global Select: PRIM) ("Primoris" or "Company") today announced a new heavy civil project with a total value of over $35 million. The contract was secured by the Company's Energy Segment.



* The project was awarded by the Texas Department of Transportation and is in Midland, Texas.

* The project is for the reconstruction of both the frontage roads and main lanes of Interstate 20. The project involves the removal and replacement of existing surfaces, paving of both concrete and asphalt, drainage, new bridge construction and safety items such as signage, guardrails, and barriers. Work will commence in the second quarter of 2021, with completion expected in the fourth quarter of 2023.