Granite (NYSE:GVA) announced today that it has begun work for a $13 million task order at the Homewood, Illinois Station as part of a Multiple Award Construction Contract (MACC) for Americans with Disabilities Act (ADA) Stations Program by The National Railroad Passenger Corporation (Amtrak). The project contract will be included in Granite’s third quarter 2020 backlog.
Granite was one of eight contractors selected in 2019 to participate in Amtrak’s ADA Stations Program MACC. The $100 million indefinite delivery/indefinite quantity (IDIQ) competitive MACC is comprised of task orders ranging from $25 thousand to $25 million, for five base years ending in 2023, plus five, one-year options through 2028. Granite is currently completing four ADA compliance upgrade projects that were previously awarded by Amtrak under this MACC Program, two in Montana and two in New York.
Amtrak’s ADA Stations Program is a comprehensive program to make the Amtrak-served stations for which Amtrak has ADA responsibility, ADA compliant and accessible. In this task order, Granite will be responsible for the renovation of a portion of the existing Homewood station's building and surrounding site. Scope of work will include modifications to the sidewalks and parking lot, restrooms, existing waiting room seating and wall mounted accessories; and replacement of station entry doors, and ramps at both station entrances and landings. Additional renovations include interior and exterior signage, and the replacement of the existing track level asphalt platform with a new 650-foot boarding platform; the construction of a weather protected ramp from the station level to the existing tunnel; and modernization of platform elevator.
"Given that this project includes multiple stakeholders and a fast-paced schedule, Granite's team has provided and will maintain a detailed phasing plan to ensure this project is safe, high-quality and is completed on-time,” said Granite Regional Vice President Benj Harding. "The robust phasing plan has been developed to minimize disruption to the traveling public.”
Construction is underway and expected to conclude in December 2021.
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 provider in the transportation, water infrastructure and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. In addition to being one of the World’s Most Ethical Companies for eleven consecutive years, Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, and connect with Granite on LinkedIn, Twitter, Facebook and Instagram.
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(RTTNews) - The Thai stock market has finished higher in back-to-back sessions, gathering more than 30 points or 2 percent along the way. The Stock Exchange of Thailand now rests just above the 1,590-point plateau and it's expected to move higher again on Friday.
The global forecast for the Asian markets is upbeat thanks to solid earnings news and rising crude oil prices. The European markets were down and the U.S. bourses were up and the Asian markets are tipped to follow the latter lead.
The SET finished modestly higher on Thursday following gains from the financial shares and the energy producers.
For the day, the index advanced 13.67 points or 0.87 percent to finish at 1,590.46 after trading between 1,583.98 and 1,592.90. Volume was 30.960 billion shares worth 89.565 billion baht. There were 887 gainers and 699 decliners, with 503 stocks finishing unchanged.
Among the actives, Advanced Info rose 0.29 percent, while Thailand Airport added 0.40 percent, Asset World dropped 0.83 percent, Bangkok Bank collected 0.41 percent, BTS Group climbed 1.12 percent, Charoen Pokphand Foods advanced 0.87 percent, Gulf gained 0.73 percent, Kasikornbank spiked 2.28 percent, Krung Thai Bank improved 0.88 percent, PTT Oil & Retail accelerated 2.50 percent, PTT soared 3.18 percent, PTT Exploration and Production jumped 1.72 percent, PTT Global Chemical surged 3.45 percent, SCG Packaging perked 2.83 percent, Siam Commercial Bank rose 0.96 percent, Siam Concrete rallied 3.10 percent, TMB Bank tumbled 1.68 percent and Bangkok Asset Management, Bangkok Dusit Medical and Bangkok Expressway were unchanged.
The lead from Wall Street ends up positive after the major averages saw wild fluctuations on Thursday before finally ending firmly in the green.
The Dow jumped 239.98 points or 0.71 percent to finish at 34,060 .36, while the NASDAQ added 31.52 points or 0.22 percent to end at 14,082.55 and the S&P 500 rose 28.29 points or 0.68 percent to close at 4,211.47.
The higher close on Wall Street came following upbeat earnings news from tech giants like Qualcomm (QCOM), Apple (AAPL) and Facebook (FB).
In economic news, the Labor Department said first-time claims for U.S. unemployment benefits dropped to a new pandemic-era low last week. Also, the Commerce Department noted an acceleration in the pace of U.S. economic growth in the first three months of 2021.
Crude oil prices moved higher on Thursday amid optimism about the outlook for energy demand following a drop in U.S. petroleum product supplies. West Texas Intermediate Crude oil futures for June ended up by $1.15 or 1.8 percent at $65.01 a barrel.
Closer to home, Thailand will release March numbers for current account and its coincident index later today, plus February figures for retail sales. In February, the current account deficit was $1.07 billion and the coincident index had a score of 126.7. Retail sales tumbled 8.0 percent on year in January.
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