Friday, October 26, 2012

Economy Watch: FNF Construction gets highway stimulus contract - The Business Review (Albany):

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“It is a rehabilitation project to create a safer saidDeena Billings, businessz development officer for Tempe-based FNF Construction, which is celebratingh 25 years in business. Some areas of U.S. 491 have deterioratef creating a significant safety issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, according to “Paving projects are kind of our niche.” In addition to making the roadwag safer for travelers, the $8.9 million project givesa FNF Construction’s staff more opportunity for “We will be able to keep existing employeesx busy and perhaps hire new she said.
The bidding process for a stimuluas contract is very similar to that on any job both for the contractord and the state department of transportation The New Mexico Department of Transportation advertised the projecrt in typical fashion with the lowest bidder winning the saidMegan Arrendondo, spokeswoman for the New Mexicio Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile stretch, whicuh runs on the southern portion of the broke groundMay 20.
FNF Construction is hopefuk that its portion of the upgrade is complete by the endof “We are excited to keep on goinfg and be part of the Billings said of future

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