Primoris (PRIM) Secures Heavy Civil Airport Award Worth $56M
Zacks Investment Research | May 24, 2017 09:36PM ET
Primoris Services Corporation (NASDAQ:PRIM) secured a new heavy civil award from the City of Houston’s Department of Aviation, worth over $56 million. The contract has been secured by Primoris Heavy Civil, part of the company's Civil segment.
The scope of the contract includes work at the George Bush Intercontinental Airport. The project consists of a multiple phased reconstruction of the full limits of Taxiway NA, including concrete pavement and airfield lighting.
The work involves operating a concrete crusher, a portable concrete batch plant and a concrete paving train on the property. Work on the project is slated to begin in second-quarter 2017 and is likely to complete in second-quarter 2019.
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