A 60-40 joint venture of Granite Construction Inc. and Ralph L. Wadsworth Construction Co. LLC has won a $348-million progressive design-build contract to upgrade a stretch of U.S. 89 in Utah.
As risks rise higher on fixed-price P3 and other projects for builders, financiers and owners, participants refine—and rethink—their delivery strategies.
The Watsonville contractor was tapped for the Highway 101 Carpinteria to Santa Barbara project as well as the Cosumnes Bridge replacement project in Sacramento County.