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

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“It is a rehabilitation project to create asafert roadway,” said Deena Billings, businesx development officer for Tempe-based FNF which is celebrating 25 years in business. Some areae of U.S. 491 have deteriorated creatinbg a significant safety issue for those whouse it, she said. The projec t is a good fit forthe company, which also has an officd in Albuquerque, according to Billings. “Paving projectds are kind of our niche.” In additiojn to making the roadway saferfor travelers, the $8.9 milliob project gives FNF Construction’ds staff more opportunity for work. “We will be able to keep existing employees busy and perhapsw hirenew ones,” she said.
The bidding process for a stimulua contract is very similar to that on any job both for the contractorr and the state departmeng oftransportation involved. The New Mexicop Department of Transportation advertised the projecr in typical fashion with the lowest bidder winnintthe contract, said Megan Arrendondo, spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile which runs on the southern portioh ofthe highway, broke ground May 20.
FNF Constructiomn is hopeful that its portion of the upgradw is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.