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

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“It is a rehabilitation project to create asafefr roadway,” said Deena Billings, business development officer for Tempe-basexd FNF Construction, which is celebrating 25 yearxs in business. Some areas of U.S. 491 have deteriorated creatinv a significant safety issue for thosr whouse it, she The project is a good fit for the which also has an officer in Albuquerque, according to “Paving projects are kind of our niche.” In additio to making the roadway safer for travelers, the $8.9 million project givea FNF Construction’s staff more opportunitg for work. “We will be able to keep existinfg employees busy and perhaps hirenew ones,” she said.
The biddinf process for a stimulus contract is very similar to that on any job both for the contractof and the state department oftransportation involved. The New Mexico Departmenft of Transportation advertised the projectg in typical fashion with the lowest biddert winningthe contract, said Megan Arrendondo, spokeswoman for the New Mexicoo Department of Transportation. The federal government does look at the projectxin depth, however, Arrendondo added. Construction on the 14-mil stretch, which runs on the southern portion of the broke groundMay 20.
FNF Construction is hopefuk that its portion of the upgrade is completwe by the endof “We are excited to keep on goingt and be part of the process,” Billings said of futurew jobs.