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Primoris Services Corporation Announces Heavy Civil Awards Valued Over $76M

DALLAS, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new heavy civil awards with a combined value

· 09/02/2020 07:35

DALLAS, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced two new heavy civil awards with a combined value over $76 million.  The contracts were secured by the Civil segment. 

  • The projects were awarded by the Texas Department of Transportation.
  • The first project consists of the expansion of an existing four-lane limited access highway to a six-lane limited highway. Scope of work includes the addition of one travel lane in each direction, widening bridge structures at seven locations, and reconstruction of the existing median.
  • The second project consists of the expansion of an existing two-lane county roadway to a four-lane county roadway. Scope of work includes the reconstruction of the existing roadway, the addition of one travel lane in each direction and the addition of storm water drainage facilities.
  • Work on the projects is scheduled to commence in the third quarter of 2020, and completion is expected in the third quarter of 2023.