Granite Selected for I-290 Drainage Improvements Under IDOT’s First CM/GC Contract
Granite Construction Incorporated (GVA)
Last granite construction incorporated earnings: 10/25 06:55 am
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Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its selection by the Illinois Department of Transportation (IDOT) for a Construction Manager/General Contractor (CM/GC) contract for the I-290 Drainage Improvements Project in Chicago, Illinois. This federally funded initiative will be included in Granite’s third quarter CAP.The project includes the installation of 3.3 miles of new trunk sewer, with diameters reaching up to 90 inches, the construction of new detention systems, and the reconstruction of one bridge and multiple retaining walls. These upgrades are designed to enhance stormwater management and reduce flooding risks along the Eisenhower Expressway corridor.“We’re honored to be selected for IDOT’s first CM/GC contract. This is a tremendous opportunity for our team,” said Granite Project Executive, Brad Jacobson. “As the initial phase of a proposed $6 billion I-290 corridor-wide improvement program, this project represents a major investment in the future
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News
- Granite Construction (NYSE:GVA) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "neutral" rating and a $109.00 price target on the stock.MarketBeat
- 2 Reasons to Like GVA (and 1 Not So Much) [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Granite's materials business paves way to revenue growth [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) had its price target raised by analysts at DA Davidson from $125.00 to $130.00. They now have a "buy" rating on the stock.MarketBeat
GVA
Earnings
- 11/6/25 - Beat
GVA
Sec Filings
- 11/24/25 - Form 4
- 11/24/25 - Form 144
- 11/12/25 - Form 4
- GVA's page on the SEC website