Monday, December 24, 2012

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

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“It is a rehabilitation project to create asafert roadway,” said Deena Billings, business development officer for Tempe-bases FNF Construction, which is celebrating 25 years in Some areas of U.S. 491 have deterioratedr creating a significant 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 addition to making the roadwayy saferfor travelers, the $8.9 million project giveas FNF Construction’s staff more opportunity for “We will be able to keep existiny employees busy and perhaps hire new ones,” she said.
The biddingy process for a stimulus contract is very similar to that on any job both for the contractor and the statse department oftransportation involved. The New Mexico Departmentt of Transportation advertised the project in typical fashion with the lowest biddert winningthe contract, said Megan Arrendondo, spokeswoman for the New Mexicp Department of Transportation. The federal government does look at the projectwsin depth, however, Arrendondo added. Construction on the 14-mile which runs on the southern portion of the broke groundMay 20. FNF Constructiobn is hopeful that its portion of the upgrads is complete by the endof summer.
“Wew are excited to keep on goingv and be part ofthe process,” Billings said of future jobs.

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