Economy Watch: FNF Construction gets highway stimulus contract - Minneapolis / St. Paul Business Journal:

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“It is a rehabilitationb project to create asafer roadway,” said Deena Billings, business development officer for Tempe-based FNF which is celebrating 25 years in business. Some areas of U.S. 491 have deteriorated creating a significanft safety issue for those whouse it, she said. The projecft is a good fit forthe company, which also has an officde in Albuquerque, according to Billings. “Paving projects are kind of our In addition to making the roadwaty saferfor travelers, the $8.9 million project givesd FNF Construction’s staff more opportunity for work. “Wre will be able to keep existing employees busy and perhapds hirenew ones,” she said.
The bidding process for a stimulu s contract is very similar to that on any job both for the contractoer and the state department of transportation involved. The New Mexico Department of Transportation advertises the project in typical fashion with the lowesft bidder winningthe contract, said Megan spokeswoman for the New Mexico Department of The federal government does look at the projects in however, Arrendondo added. Construction on the 14-mile stretch, which runs on the southern portionj ofthe highway, broke ground May 20.
FNF Constructionm is hopeful that its portion of the upgradre is complete by the endof “We are excited to keep on goinhg and be part of the Billings said of future