Granite President and CEO Testifies Before U.S. Senate Committee on Transportation Infrastructure Finance and Innovation Act

  Granite President and CEO Testifies Before U.S. Senate Committee on
  Transportation Infrastructure Finance and Innovation Act

Business Wire

WATSONVILLE, Calif. -- July 24, 2013

James H. Roberts, President and Chief Executive Officer of Granite
Construction Incorporated (NYSE: GVA) today appeared before the United States
Senate Environment and Public Works Committee on the importance of the
Transportation Infrastructure Finance and Innovation Act (“TIFIA”) and the
need for increased investment in highway and public transportation.

In testimony given to the Committee today representing the Associated General
Contractors of America (“AGC”), Roberts said, “The solution to meeting our
transportation infrastructure needs is twofold. First, Congress and the
Administration must work together in a bipartisan way to increase user fees
and identify new revenue sources to address our transportation needs, both now
and in the future.

“Second, there must be more private-sector involvement in the construction of
transportation projects. AGC believes the Transportation Infrastructure
Finance and Innovation Act program, has a proven record of accomplishing this
objective.”

A webcast and transcript of today’s testimony is available on the United
States Senate Committee on Environment and Public Works at:
http://www.epw.senate.gov/public/index.cfm?FuseAction=Hearings.Hearing&Hearing_ID=f32ed6aa-9f39-b2e4-4727-822a1eec59b1.

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
Jacque Fourchy, 831-761-4741
 
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