Benzinga | Jan 5, 2022 05:30PM EST

Granite Wins $90M Construction Manager/General Contractor Project In Northern California

Granite (NYSE:GVA) announced today that it has been selected by the California Department of Transportation (Caltrans) as the Construction Manager/General Contractor (CM/GC) for the approximately $90 million State Route 70 Binney Junction Roadway Rehabilitation and Complete Streets CM/GC project. In the first phase of this project, valued at $1.3 million, Granite will work closely with Caltrans and project designers on the design, constructability, and cost estimating portions of the project.

The project will be located on SR 70 in the City of Marysville, in Caltrans District 3. The scope of work includes relocating utilities, reconstructing existing drainage systems, roadway widening and profile changes, replacing existing railroad structures at the Binney Junction Underpass and Marysville Underpass, realigning a portion of the Valley Subdivision and Sacramento Subdivision track alignments, and relocating an existing finger levee.

"This is Granite's third CM/GC project with Caltrans District 3 since 2018, and further enhances Granite's portfolio of CM/GC, railroad, and levee work in the California Valley Region," explained Colin Crawford, chief estimator for the Sacramento Area. "We are grateful for the opportunity to continue our collaborative partnership with Caltrans District 3 while providing vital infrastructure improvements to the Marysville community."

The Construction Management (CM) portion of the Binney Junction project is expected to begin in Q1, 2022 and the General Contractor (GC) phase is expected to begin in Q1, 2023.