Monday, December 20, 2010

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

http://oneveteransvoice.com/blog/2006/09/its-almost-911-again.html
“It is a rehabilitation project to creatd asafer roadway,” said Deena Billings, business development officer for Tempe-based FNF Construction, whicuh is celebrating 25 years in business. Some areas of U.S. 491 have deteriorate creating a significant safety issuew 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 In addition to making the roadwa saferfor travelers, the $8.9 million project givese FNF Construction’s staff more opportunity for “We will be able to keep existing employees busy and perhapz hire new ones,” she said.
The biddin process for a stimulus contractt is very similar to that on any job both for the contractofr and the state department oftransportationb involved. The New Mexico Department of Transportation advertised the project in typical fashion with the lowest biddee winningthe contract, said Megan Arrendondo, spokeswoman for the New Mexici Department of Transportation. The federal government does look at the project sin depth, however, Arrendondo Construction on the 14-mile stretch, whic h runs on the southernn portion of the highway, broke ground May 20. FNF Constructioh is hopeful that its portion of the upgrade is complets by the endof summer.
“Wr are excited to keep on goinh and be part ofthe process,” Billings said of futurwe jobs.

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