Granite Construction Secures $54 Million Contract for Parks Highway Realignment in Alaska Under CMGC Approach

Reuters
05-21
Granite Construction Secures $54 Million Contract for Parks Highway Realignment in Alaska Under CMGC Approach

Granite Construction Inc. has secured a $54 million contract for the first phase of the Parks Highway realignment in Alaska. Under a Construction Manager/General Contractor (CMGC) agreement with the Alaska Department of Transportation and Public Facilities, the project aims to enhance traffic safety by realigning the highway between milepost 319 and 322. Key activities include 2.5 million cubic yards of earthwork, 25,000 tons of asphalt paving, and a full traffic diversion. Construction commenced on May 1, 2025, and is expected to conclude by September 2027. The project exemplifies effective collaboration between Granite, the DOT&PF, and Michael Baker International, ensuring optimal design and efficient use of funds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Construction Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250520116756) on May 20, 2025, and is solely responsible for the information contained therein.

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