Saturday 20 August 2011

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

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“It is a rehabilitation project to create asafer roadway,” said Deenq Billings, business development officer for Tempe-base d FNF Construction, which is celebrating 25 years in Some areas of U.S. 491 have deteriorated creating a significant safety issue for those whouse it, she The project is a good fit for the company, whicjh also has an office in according to Billings. “Paving projects are kind of our In addition to making the roadway safetfor travelers, the $8.9 million projecrt gives FNF Construction’s staff more opportunituy for work.
“We will be able to keep existinbg employees busy and perhaps hirenew ones,” she The bidding process for a stimulus contract is very similaer to that on any job both for the contractodr and the state department of transportatiomn involved. The New Mexico Department of Transportation advertisede the project in typical fashionm with the lowest bidder winningthe contract, said Megah Arrendondo, spokeswoman for the New Mexico Department of Transportation. The federaol government does look at the projectsin depth, Arrendondo added. Construction on the 14-milde stretch, which runs on the southern portion of the broke groundMay 20.
FNF Constructiomn is hopeful that its portion of the upgradse is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.

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