July 19, 2010

Granite Construction Awarded $22 Million Bridge Project in Washington

WATSONVILLE, Calif., Jul 19, 2010 (BUSINESS WIRE) -- Granite Construction Incorporated (NYSE:GVA) announced today that Granite Construction Company has been awarded a $22 million contract by the Washington Department of Transportation to replace the Ebey Slough Bridge in Snohomish County. Granite booked the project into backlog during the second quarter of 2010.

Scope of the project includes demolishing the current two-lane swing span steel truss bridge and replacing it with a wider steel girder bridge to allow boats to travel underneath without disrupting traffic. The new bridge will contain four lanes and pedestrian paths. A temporary trestle will be in place during construction to help minimize the disruption to traffic.

The project is estimated to begin this month and will take approximately 32 months to complete.

About Granite

Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the FTSE KLD 400 Social Index and the Russell 2000 Index. Granite Construction Company, a wholly owned subsidiary, is one of the nation's largest diversified heavy civil contractors and construction materials producers. Granite Construction Company serves public- and private-sector clients through its offices and subsidiaries nationwide. For more information about Granite, please visit its Web site at www.graniteconstruction.com.

SOURCE: Granite Construction Incorporated

Granite Construction Incorporated
Jacque Fourchy, 831-761-4741

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