GVA - Granite gets ~$11M construction award for a bikeway in California

• Granite Construction ( NYSE: GVA ) on Tuesday said it had been awarded a construction contract worth about $11M to make a new bikeway and multipurpose path in California.
• The new path will be situated in the California coastal trail and will connect Santa Claus Lane to Carpinteria Avenue, GVA said in a statement .
• The award is anticipated to be included in GVA's Q4.
• The project is underway and GVA expects to complete it in May next year.
• Granite ( GVA ) stock earlier closed +0.5% at $27.01.

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