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

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“It is a rehabilitation project to creatse asafer roadway,” said Deena Billings, business development officer for Tempe-based FNF which is celebrating 25 years in Some areas of U.S. 491 have deteriorated creatinh a significant safety issue for thosr whouse it, she The project is a good fit for the which also has an officw in Albuquerque, according to Billings. “Pavingy projects are kind of our niche.” In addition to makinhg the roadway saferfor travelers, the $8.9 million project gives FNF Construction’x staff more opportunity for work. “We will be able to keep existinvg employees busy and perhaps hire new she said.
The bidding process for a stimulus contracft is very similar to that on any job both for the contracto r and the state department oftransportatioh involved. The New Mexicio Department of Transportation advertised the project in typicak fashion with the lowest bidder winnin gthe contract, said Megan spokeswoman for the New Mexico Department of Transportation. The federalo government does look at the projectsdin depth, however, Arrendondo added. Construction on the 14-mile which runs on the southern portion of the broke groundMay 20.
FNF Construction is hopefulp that its portion of the upgrade is completwe by the endof “We are excited to keep on going and be part of the Billings said of future jobs.