Economy Watch: FNF Construction gets highway stimulus contract - Silicon Valley / San Jose Business Journal:

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“It is a rehabilitation project to creatd asafer roadway,” said Deena Billings, busines development officer for Tempe-based FNF Construction, which is celebratinh 25 years in business. Some areaw of U.S. 491 have deteriorated creating a significant safett issue for those whouse it, she said. The projecgt is a good fit forthe company, which also has an officer in Albuquerque, according to Billings. “Paviny projects are kind of our niche.” In additionj to making the roadway saferfor travelers, the $8.
9 milliom project gives FNF Construction’s staff more opportunity for “We will be able to keep existing employees busy and perhapws hire new ones,” she said. The bidding process for a stimulues contract is very similar to that on any job both for the contractorr and the state department oftransportation involved. The New Mexiclo Department of Transportation advertised the projec t in typical fashion with the lowes bidder winningthe contract, said Megan Arrendondo, spokeswoma n for the New Mexico Department of The federal government does look at the projectxs in depth, however, Arrendondo added.
Constructio on the 14-mile stretch, which runs on the southern portionj ofthe highway, broke ground May 20. FNF Constructioh is hopeful that its portion of the upgrade is complete by the endof “We are excited to keep on goingb and be part of the process,” Billings said of futurde jobs.