WATSONVILLE, Calif. – Granite (NYSE:GVA), a construction company with a market capitalization of $4.76 billion and “GREAT” financial health according to InvestingPro metrics, has been awarded a $39 million contract by the U.S. Army Corps of Engineers (USACE) for construction of Reach 6 of the Pajaro River Flood Risk Management Project, according to a press release statement. […]
Category Archives: State of California Contracting
Construction disputes continue to rise in 2025. Yet the complications that trigger those disputes usually boil down to payment, changes, timelines or schedules and quality of work. This is why how a contract is written matters. On construction projects, the unexpected usually occurs. A properly written contract can eliminate many of the potential areas of […]
The California High-Speed Rail Authority on Thursday announced a plan to accelerate the process of laying the first tracks on the state’s beleaguered infrastructure project. The Authority’s board of directors approved a process that invites bids from U.S. manufacturers to acquire high-speed rail track and other required system components, officials said. The materials will be used to […]
The president’s move to revoke a ban on discrimination in federal contracting could have a chilling effect, but it will take an act of Congress to dismantle current programs. Programs that carve out participation goals for traditionally underrepresented workers on federal construction contracts may be under fire, but they’re not dead yet. That was the […]
Construction firms such as Jacobs, AECOM and Quanta Services could play key roles in the rebuilding efforts, according to financial services company Baird. The most recent Southern California wildfires, which have killed at least 25 people and displaced tens of thousands, will increase demand for contractors specializing in disaster recovery and electrical grid restoration in […]
The California DOT (Caltrans) recently hit a record milestone: $15 billion in contracts under construction across the state. The state also reached a record 1,060 projects in progress across the state last month. A large percentage of these projects, according got Caltrans, are under $10 million for opportunities for smaller and disadvantaged companies to bid […]
As part of a May 16th update on the project that will rebuild the infrastructure that sends water from the Sacramento-San Joaquin Delta in Northern California to central and southern portions of the state, the California Department of Water Resources (DWR) reported that the estimated cost of the conveyance tunnel project is $20.1 billion, up […]
University of California Merced officials broke ground Tuesday on its new $300 million, four-story Medical Education Building at its Merced, California campus. Turner Construction Company, headquartered in New York City, announced earlier this year that it had been selected to serve as construction manager at risk (CMAR) for the 203,500-square-foot project. ZGF Architects, based in […]
SACRAMENTO, Calif. (AP) — Hammered by mounting pressure to address the growing homelessness crisis in California, Gov. Gavin Newsom announced Tuesday his administration will make $3.3 billion available ahead of schedule for counties and private developers to start building more behavioral health treatment centers as part of his efforts to fund housing and drug use […]
This is a good article. although it has a construction contractor focus, the principles can be applied to any industry. “But all this customer cares about is low price!” We hear this line daily as a defense of longheld beliefs that their darned customers just don’t care about value over price. Here’s a new belief […]
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