WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) today announced a $21 million joint venture contract

by the City of Atlanta for the Sewer Group Three Rehabilitation,

Contract D project in Atlanta, Georgia. The contract was awarded to

Granite Inliner, a division of Granite’s newly formed Water and Mineral

Services Group, in joint venture with T&J Industries Development &

Contracting Inc. Granite booked its 60 percent share of the $21 million joint venture project into its fourth quarter 2018 backlog.

“This award highlights the significant opportunities for our Granite

Inliner business as well as the overall growth prospects in the

rehabilitation, water and wastewater markets provided by our recent

acquisitions," said James H. Roberts, President and Chief Executive

Officer of Granite.

This project is part of the City of Atlanta's consent decree program to

upgrade aging infrastructure. The multi-disciplined contract covers a

wide variety of renewal technologies and construction management

services.Once complete, this project will have replaced or

repaired 50,000 linear feet of small diameter sanitary sewer pipes

situated in the Sugar Creek Sewer Basin and located in approximately ten

sewersheds. Granite Inliner's trenchless process of a cured-in-place

pipe will allow the city to repair underground piping with minimal

disruption to the public.

Construction began in January 2019 and is scheduled to be completed in

February 2020.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction

Incorporated (NYSE: GVA) is a full-suite provider in the transportation,

water infrastructure and mineral exploration markets. Granite, America’s

Infrastructure Company, is an award-winning firm in safety, quality and

environmental stewardship, and has been honored as one of the World’s

Most Ethical Companies by Ethisphere Institute for ten consecutive

years. Granite is listed on the New York Stock Exchange and is part of

the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell

2000 Index. For more information, visit graniteconstruction.com.

About Granite Inliner

Granite Inliner is one of the nation’s largest cured-in-place pipe and

trenchless pipe providers, and offers sustainable pipeline

rehabilitation services to both public and private sectors. Granite

Inliner installs safe, cost-effective, and long-term solutions for aging

water, wastewater and sewer infrastructure needs. In June 2018, they

became a wholly-owned subsidiary of Granite Construction Incorporated.

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Source: Granite Construction Incorporated