GVA - Granite Construction bags ~$30M contract for highway improvements in California

2023-03-07 18:10:31 ET

• Granite Construction ( NYSE: GVA ) on Tuesday said it had been awarded an approximately $30M contract for various improvements to an interchange on a California highway.
• The award was granted by the City of Lancaster and is for the Avenue J Interchange at California State Route 14, GVA said in a statement .
• The project will be funded by Caltrans, the City of Lancaster and the Los Angeles County Metropolitan Transportation Authority.
• The award will be included in GVA's Q1.
• Granite ( GVA ) stock earlier closed -0.4% at $42.79.

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