Granite Announces $65M Phase 2 Of SR-30 Improvement Project In Logan, Utah From UDOT
Portfolio Pulse from Benzinga Newsdesk
Granite Construction has secured a $65 million contract from the Utah Department of Transportation for Phase 2 of the SR-30 Improvement Project in Logan, Utah. This project is funded by UDOT and Federal funds and was included in Granite's Q2 CAP.
September 10, 2024 | 12:31 pm
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POSITIVE IMPACT
Granite Construction has been awarded a $65 million contract for the SR-30 Improvement Project in Utah, enhancing its project portfolio and revenue outlook.
The $65 million contract from UDOT for the SR-30 Improvement Project is a significant addition to Granite's project portfolio, likely boosting its revenue and enhancing its market position. The inclusion in Q2 CAP indicates strategic planning and financial stability.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90