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Stock impact report

Granite Wins $114M Award for Next Segment of Highway 101 Project 

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced today that it has been awarded Segment 4E North of the Highway 101 Carpinteria to Santa Barbara Construction Manager/General Contractor (CM/GC) project by Caltrans. Granite is the construction manager for the entire phase 4 project, and was previously awarded Segment 4E South in 2024. The contract award is approximately $114M.The Carpinteria to Santa Barbara CM/GC is a major, multi-year program to increase safety and reduce congestion along U.S. Route 101 in Santa Barbara County. Segment 4E North will replace existing lanes and add a new peak-period carpool lane in each direction between Hermosillo Road and Salinas Street. The Cabrillo Boulevard interchange will be reconstructed with two new bridges and right-hand freeway ramps, replacing existing left-hand ramps and improving highway safety. On Cabrillo Boulevard, a new teardrop roundabout will help improve traffic flow at the intersection with Highway 101 northbo Show less Read more
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