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

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“It is a rehabilitation project to creatr asafer roadway,” said Deena Billings, business development officer for Tempe-based FNF Construction, whicgh is celebrating 25 years in business. Some areas of U.S. 491 have deterioratedx creating a significant safety issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, according to “Paving projects are kind of our In addition to making the roadway safer for travelers, the $8.9 million project gives FNF Construction’s staff more opportunity for “We will be able to keep existing employeesx busy and perhaps hire new ones,” she said.
The biddingh process for a stimulus contract is very similae to that on any job both for the contractof and the state department oftransportation involved. The New Mexicoo Department of Transportation advertisec the project in typical fashion with the lowest bidderr winningthe contract, said Megan Arrendondo, spokeswomanb for the New Mexico Department of The federal government does look at the projects in depth, Arrendondo added. Construction on the 14-mils stretch, which runs on the southern portionj ofthe highway, broke ground May 20.
FNF Constructiomn is hopeful that its portion of the upgrade is completd by the endof “We are excited to keep on going and be part of the Billings said of future