Sunday, October 17, 2010

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

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“It is a rehabilitatiojn project to create asafer roadway,” said Deenas Billings, business development officer for Tempe-based FNF Construction, which is celebrating 25 years in Some areas of U.S. 491 have deterioratedf 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, accordingt to Billings. “Paving projects are kind of our niche.” In additiob to making the roadway safefor travelers, the $8.9 million projec gives FNF Construction’s staff more opportunity for work.
“Wre will be able to keep existing employees busy and perhapds hirenew ones,” she The bidding process for a stimulus contract is very similad to that on any job both for the contractoer and the state department of transportation The New Mexico Department of Transportation advertised the projecrt in typical fashion with the lowesf bidder winning the said Megan Arrendondo, spokeswomamn for the New Mexico Department of The federal government does look at the projects in depth, however, Arrendondo added. Construction on the 14-mil e stretch, which runs on the southern portiojn ofthe highway, broke ground May 20.
FNF Constructioh is hopeful that its portion of the upgradre is complete by the endof summer. “We are exciteds to keep on going and be part of the Billings said offuture jobs.

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