Texas awards $855m project to Grand Parkway Infrastructure
The Texas Department of Transportation (TxDOT) has awarded $855m project to Grand Parkway Infrastructure, a joint venture (JV) of Granite Construction, Ferrovial Agroman US and Webber.
The JV firm has been awarded the SH-99 Grand Parkway design-build contract for segments H, I-1, and I-2.
As per the contract, Grand Parkway Infrastructure will build 52.5 miles of highway through Chambers, Harris, Liberty and Montgomery counties.
The JV will also be responsible for the construction of 37.5 miles of a tolled two-lane controlled access facility with intermittent four lane sections, new toll lanes and tolling equipment.
The contract also covers construction of 74 new bridges along the length of the project and the moving of more than ten million yards of earthwork.
Work is expected to begin later this month and slated to be completed by 2022.
The Grand Parkway is an 184-mile highway, comprising 11 segments covering seven counties, which is intended to improve mobility, reduce congestion and accommodate demographic and economic growth in the greater Houston area.
Granite has booked its 30% share of the $855m JV project into backlog during the second quarter of this year.
Granite has been engaged in complex infrastructure projects, including transportation, industrial and federal contracting.