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Tappan Zee Constructors Executes Contract and Receives Notice to Proceed

  Tappan Zee Constructors Executes Contract and Receives Notice to Proceed

Business Wire

WATSONVILLE, Calif. -- May 01, 2013

Granite Construction Incorporated (NYSE:GVA) announced today that Tappan Zee
Constructors, a team comprised of Granite Construction Northeast, Inc., Fluor
Enterprises, Inc., American Bridge Company, and Traylor Bros., recently
received an executed contract and final notice to proceed from the New York
Thruway Authority for design-build of the new Tappan Zee Hudson River Crossing
Project.

Granite booked approximately $733 million related to its portion of the
contract into backlog in the first quarter of 2013. In December 2012, the
Authority’s Board of Directors made the final selection to choose Tappan Zee
Constructors’ proposal for the landmark project.

The 3.1-mile-long Tappan Zee Bridge connects Rockland County to Westchester
County in the Lower Hudson Valley (approximately 25 miles north of midtown
Manhattan) and is a vital transportation link that serves approximately
138,000 vehicles per day. The mega-project will be the single largest bridge
project in New York’s history.

The project is currently underway and the team has established offices in
Tarrytown, New York. For more information about the project and local hiring,
visit www.tappanzeeconstructors.com.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction
Incorporated (NYSE: GVA) is one of the nation’s largest infrastructure
contractors and construction materials producers. Incorporated in 1922,
Granite serves public- and private-sector clients on projects both small and
large. Granite’s project teams represent some of the best in the industry
serving owners in the transportation, power, federal, tunneling, underground,
and industrial/mining and water resources markets. In 2013, the Company was
recognized by the Ethisphere Institute as one of the World’s Most Ethical
Companies for the fourth year in a row. For more information please visit
www.graniteconstruction.com.

Contact:

Granite Construction Incorporated
Jacque Fourchy, 831-761-4741
 
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