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Granite Joint Venture Team Named to $750 Million Multiple Award Construction Contract by the Naval Facilities Engineering Command, Southwest

Press release content from Business Wire. The AP news staff was not involved in its creation.
Granite Joint Venture Team Named to $750 Million Multiple Award Construction Contract by the Naval Facilities Engineering Command, Southwest
January 19, 2021 GMT
WATSONVILLE, Calif. (BUSINESS WIRE) Jan 19, 2021
The joint venture team comprised of Granite (NYSE: GVA) and Healy Tibbitts Builders, Inc. is one of five contractors selected to participate in a $750 million Waterfront Multiple Award Construction Contract (MACC) by the Naval Facilities Engineering Command, Southwest (NAVFAC SW). The indefinite delivery/indefinite quantity (IDIQ) competitive MACC is comprised of task orders ranging from $50,000 to $100 million, for two base years plus three option years through 2025. ....

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Granite Awarded CMAR Contract by Tucson International Airport

Press release content from Business Wire. The AP news staff was not involved in its creation.
Granite Awarded CMAR Contract by Tucson International Airport
January 14, 2021 GMT
WATSONVILLE, Calif. (BUSINESS WIRE) Jan 14, 2021
Granite (NYSE:GVA) announced that it has been awarded the Construction Manager at Risk (CMAR) contract for the Tucson International Airport - Airfield Enhancement Program CMAR - GMP 1 South Airfield Lighting Vault project by Tucson Airport Authority (TAA). This $5 million contract is included in Granite’s third quarter 2020 backlog.
CMAR is a construction delivery method where the construction manager acts as an agent of the owner in both the design and construction phases to provide value engineering, cost estimating, and construction expertise to deliver the project within a guaranteed maximum price (GMP). ....

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Granite Joint Venture Awarded $125 Million Bay City Bridges Project in Michigan

Press release content from Business Wire. The AP news staff was not involved in its creation.
Granite Joint Venture Awarded $125 Million Bay City Bridges Project in Michigan
January 12, 2021 GMT
WATSONVILLE, Calif. (BUSINESS WIRE) Jan 12, 2021
Granite (NYSE:GVA) announced that the joint venture team comprised of Granite and Kraemer North America has been awarded a Construction Manager/General Contractor (CM/GC) contract by United Bridge Partners for the Bay City Bridges Project in Bay City, Michigan. CM/GC procurement involves the contractor during the design and planning phases and offers a lower risk profile for both the contractor and the owner while increasing the overall value to project stakeholders. This process is designed to promote collaboration and to solicit value-adding feedback from the contractor. As a consolidating partner, the total contract award of $125 million is anticipated to be included in Granite’s fourth quarter 2020 committed and awarde ....

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