Granite Construction Awarded $20.4 MillionReconstruction Project in Utah

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Wed May 27, 2009 8:01pm EDT

WATSONVILLE, Calif.--(Business Wire)--
Granite Construction Incorporated (NYSE:GVA) announced today that Granite
Construction Company has been awarded a $20.4 million contract by the Utah
Department of Transportation for the reconstruction of Riverdale Road in
Riverdale, Utah. Linking Weber County to Ogden, Riverdale Road is a major
east-west thoroughfare and one of the busiest roads in Utah. 

The contract calls for the reconstruction of five lanes of asphalt into seven
lanes of portland cement concrete over a one mile span of Riverdale Road from
550 West to Lincoln Avenue. Work will include 30,000 cubic yards of roadway
excavation, 70,000 square yards of portland cement concrete and 20,000 tons of
hot mix asphalt. Scope of the project also includes the replacement of curbs,
gutters and sidewalks, as well as new street lighting, signals and a storm
drainage system. The project is scheduled for completion in July 2010. 

About Granite

Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the
Domini 400 Social Index and the Russell 2000. Granite Construction Company, a
wholly owned subsidiary, is one of the nation's largest diversified heavy civil
contractors and construction materials producers. Granite Construction Company
serves public and private sector clients through its offices and subsidiaries
nationwide. For more information about Granite, please visit their website at
www.graniteconstruction.com. 





Granite Construction Incorporated
Investor:
Jacque Fourchy, 831-761-4714



Copyright Business Wire 2009

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