Friday, November 18, 2011

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

hydiuco.blogspot.com
“It is a rehabilitatiohn project to create asafer roadway,” said Deena Billings, business development office for Tempe-based FNF Construction, whicy is celebrating 25 years in business. Some areas of U.S. 491 have deteriorateed creating a significant safety issue for thosed whouse it, she said. The project is a good fit for the which also has an officein Albuquerque, accordingv to Billings. “Paving projects are kind of our niche.” In additiojn to making the roadway safer for the $8.9 million project givese FNF Construction’s staff more opportunity for work. “Wr will be able to keep existintg employees busy and perhaps hirenew ones,” she said.
The biddinv process for a stimulus contract is very similar to that on any job both for the contractorf and the state department oftransportation involved. The New Mexico Department of Transportatiobn advertised the project in typical fashion with the lowestf bidder winningthe contract, said Megan spokeswoman for the New Mexico Department of The federal government does look at the projectsd in depth, however, Arrendondo Construction on the 14-mile stretch, which runs on the southerm portion of the highway, broke grounsd May 20.
FNF Construction is hopefuol that its portion of the upgrade 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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