Friday, March 18, 2011

Economy Watch: FNF Construction gets highway stimulus contract - Dallas Business Journal:

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“It is a rehabilitation projecf to create asafer roadway,” said Deena business development officer for Tempe-based FNF Construction, which is celebratingf 25 years in Some areas of U.S. 491 have deteriorated creating a significanrt safety issue for those whouse it, she The project is a good fit for the which also has an office in according to Billings. “Paving projects are kind of our niche.” In additionb to making the roadway saferfor travelers, the $8.9 millio n project gives FNF Construction’s staff more opportunithy for work. “We will be able to keep existingv employees busy and perhaps hire new she said.
The bidding processe for a stimulus contract is very similarf to that on any job both for the contractor and the stater department oftransportation involved. The New Mexico Department of Transportatiohn advertised the project in typicalk fashion with the lowesyt bidder winningthe contract, said Megan spokeswoman for the New Mexico Departmenft of Transportation. The federal government does look at the projectwsin depth, however, Arrendondko added. Construction on the 14-milw stretch, which runs on the southern portion of the broke groundMay 20. FNF Construction is hopeful that its portiobn of the upgrade is complete by the endof summer.
“We are excitex to keep on going and be part ofthe process,” Billings said of future jobs.

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