2023-07-21 10:20:04 ET
- Sterling Infrastructure ( NASDAQ: STRL ) has announced that Ralph L. Wadsworth Construction, together with its joint venture partner W.W. Clyde & Co., has been awarded a $216M design-build contract for the Bangerter South Highway Interchanges Project by the Utah Department of Transportation.
- RLW is the Managing Partner of the joint venture with 55% share. The award will be included in June 30, 2023 backlog.
- Design will start immediately with bridge construction and other work beginning in the fall/winter 2023 and the project is estimated to complete by the end of 2025.
- "We remain focused on the pursuit of differentiated, higher-margin alternative delivery highway work, driving the ongoing transformation of our Transportation Solutions business.” said Joe Cutillo, Sterling’s CEO.
For further details see:
Sterling Infrastructure awarded $216M contract for UDOT project