Insurance Disputes How Concrete Mistakes Added Cost to the Recent Frederick Douglass Memorial Bridge Project Richard Korman November 30, 2023 No Comments The expensive demolition and rework are the subject of an insurance claim dispute.Read More
Legal Lane, Skanska, Granite Battle in Court Over Florida Interstate 4 Job The design-builders lost $500 million on the job, substantially complete last year James Leggate October 20, 2023 No Comments The design-builders lost $500 million on the reconstruction job, substantially complete last year.Read More
Legal Judge: Lane Broke JV Terms With Skanska, Granite on I-4 Project James Leggate June 8, 2023 No Comments Lane's claims against Skanska for breach of fiduciary duty and gross negligence still must be decided at a federal trial in Florida this fall.Read More
Flood Control Granite Construction Wins $173M Contract for Sacramento Weir Widening Project James Leggate May 4, 2023 No Comments The project would allow more floodwater to flow into a bypass system during high water events.Read More
Military Projects Contractor List Emerges for Navy $2.5B Guam ID/IQ Awards James Leggate March 15, 2023 No Comments Seven teams picked for infrastructure build task orders in military's wider Pacific refocus to counter China's influence in the region.Read More
California Briefs Pajaro Levee Funding, Hawaii Sea-level Rise Building Rules, Calif. Flood Control Grants C.J. Schexnayder November 2, 2022 No Comments California region construction news roundup for the Week of October 31, 2022.Read More
Companies Ex-Granite Senior VP Cited As Firm Reaches $12M SEC Fraud Settlement Richard Korman August 26, 2022 No Comments The California contractor's former CEO and two other senior executives were not charged but must return more than $1.8 million in bonus pay.Read More
Companies Granite Execs See Light at End of Turnaround Tunnel Richard Korman July 28, 2022 No Comments How much of the company's 'Old Risk Portfolio' remains to be performed?Read More
Materials Recycled Asphalt, Plastics Tested in Target Parking Lot Megan Guttieri February 16, 2022 No Comments A s a result of a partnership with Kansas Asphalt Inc., and the big-box retailer Target, Granite Construction has developed a recycled asphalt pavement mix incorporating materials equivalent to 1.8 million plastic bags.Read More
Finance Granite Construction Claims Staff, Managers Gave Auditors 'Potentially Misleading' Data Richard Korman February 23, 2021 No Comments The company says it has received SEC subpoenas.Read More