Granite’s CM/GC Work Continues in Denali National Park
04 Oktober 2023 - 10:30PM
Business Wire
Granite (NYSE:GVA) has been awarded Options W.3A, W.3B and W.4
for the Polychrome Area Improvements Construction Manager/General
Contractor (CM/GC) project by the Federal Highway Administration
(FHWA) in Denali National Park in Alaska. These construction
options, with a combined value of $24,586,571, complete long-lead
procurements, fabrication of the steel truss bridge, and
construction engineering and fabrication of temporary works for a
bridge launching system. This combination of awards brings the
total value of awarded options and modifications to $95,634,019
since preconstruction began in January 2023. The final package of
work remaining to be negotiated, Option Y, includes supply of
miscellaneous materials, erection of the bridge, construction of
back walls and approaches, and installation of the thermosyphon
system. Option Y design is complete, and negotiation for the
construction contract is expected to take place in November this
year.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20231004219518/en/
Granite crews worked to construct a
temporary route to a reasonably traversable condition as it allowed
NPS maintenance crews and landholders access to the 45 miles of
park road and private properties beyond the slide for the first
time since 2021 when the slide happened. (Photo: Business Wire)
These recently awarded options provide for time-sensitive
procurement of materials necessary for a fully productive 2024
construction season. Work planned for the 2024 season includes
construction of the bridge abutments and temporary launching
system, enabling bridge erection the following season in 2025.
“Using the CM/GC process and working closely with the FHWA, its
design team, and the National Park Service (NPS) during
preconstruction allowed Granite to fully analyze risk, generate
efficient work plans, develop a detailed schedule, and,
importantly, package the work to reduce overall schedule duration
and cost. The result of our preconstruction effort is a
well-choreographed approach to maximize the work we construct
during the next three seasons,” said Group Project Executive, Todd
Keller. The Polychrome Area Improvements project is scheduled to be
completed by July 2026.
A major milestone achieved in the 2023 construction season was
pioneering and construction of a temporary access route across the
active landslide. Establishing this route was critical for
mobilization of a 200-ton crawler crane for construction of the
west abutment in 2024. “We are pleased we were able to construct
this temporary route to a reasonably traversable condition as it
allowed NPS maintenance crews and landholders access to the 45
miles of park road and private properties beyond the slide for the
first time since 2021,” said Vice President of Regional Operations,
Derek Betts.
The Polychrome Area Improvements project is at the Pretty Rocks
Landslide which intersects Denali Park Road near its midpoint at
Mile 45.4. The project scope includes construction of an
approximately 475-foot-long single-span steel truss bridge to span
the active landslide. Supporting the bridge and improving ground
conditions is a combination of earthwork, micro piles, rock
anchors, precast concrete abutments, and thermosyphons.
Thermosyphons are part of a passive heat exchange system designed
to prevent permafrost from thawing and creating instability.
The CM/GC project delivery method involves the contractor during
the design and planning phases, offering a lower risk profile for
both the contractor and the owner while increasing the overall
value to taxpayers. This process is designed to promote
collaboration and to solicit value-adding feedback from the
contractor.
About Granite
Granite is America’s Infrastructure Company™. Incorporated since
1922, Granite (NYSE:GVA) is one of the largest diversified
construction and construction materials companies in the United
States as well as a full-suite civil construction provider.
Granite’s Code of Conduct and strong Core Values guide the Company
and its employees to uphold the highest ethical standards. Granite
is an industry leader in safety and an award-winning firm in
quality and sustainability. For more information, visit the Granite
website, graniteconstruction.com, and connect with Granite on
LinkedIn, X, Facebook, and Instagram.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231004219518/en/
Granite Contacts Media Erin Kuhlman - 831-768-4111
Investors Wenjun Xu - 831-761-7861
Granite Construction (NYSE:GVA)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Granite Construction (NYSE:GVA)
Historical Stock Chart
Von Mai 2023 bis Mai 2024