logo
Share SHARE
FONT-SIZE Plus   Neg

Granite Construction Awarded $56 Mln Order To Build Streetcar Project In Arizona

Granite Construction Inc. (GVA: Quote) announced that it has received a $56 million contract from the City of Tucson to build the first federally-funded streetcar project in more than 60 years. Granite will book the project into backlog during the first quarter of 2012.

The company stated that the new four-mile electric light-rail system will provide transportation through the city's main corridor.

The project consists of new concrete streetcar guideways, 22 covered stops for accessibility, the reconstruction of existing roadways, including the modification and replacement of water systems and other associated utility improvements.

Work is underway and is expected to be completed by summer 2013, Granite Construction added.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
'Booth babes' will not be seen at the RSA Conference scheduled to be held next month, as the exhibitors have added a new clause to its rules that ban revealing clothes. Although, RSA did not use the term "booth babe," its contract clearly explains that staff deployed at booths should wear business... Election fever has gripped the UK as Prime Minister David Cameron on Monday urged his people to prudently choose either a prosperous future under his Conservative Party or economic ruin under the Labour Party headed by Ed Miliband. Fast food giant McDonald's Corp. (MCD), reportedly plans to serve its breakfast menu for the whole day. According to a CNBC report citing analysts from Janney Capital Markets, McDonald's is planning to test serve breakfast for the whole day at select locations starting in the next few months. "Our...
comments powered by Disqus
Follow RTT