GVA - Granite secures $48M contract from USACE for Texas flood control project
2023-07-05 16:54:50 ET
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Granite ( NYSE: GVA ) has secured a $48 million contract from the U.S. Army Corps of Engineers (USACE) to mitigate flood risk and damage in Wharton, Texas.
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Project funding will come from the USACE’s fiscal 2023 civil construction funds and is expected to be included in second quarter CAP, the company said.
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The project is expected to commence in September 2023 and will be completed in December 2024.
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Granite secures $48M contract from USACE for Texas flood control project