Economy Watch: FNF Construction gets highway stimulus contract - Business First of Buffalo:

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“It is a rehabilitation project to creat asafer roadway,” said Deena Billings, business developmen officer for Tempe-based FNF Construction, which is celebratingv 25 years in business. Some areas of U.S. 491 have deteriorated creatinvg a significant safety issue for those whouse it, she said. The projecyt is a good fit forthe company, which also has an officer in Albuquerque, according to “Paving projects are kind of our niche.” In addition to makinf the roadway safer for travelers, the $8.9 milliohn project gives FNF Construction’s staff more opportunit y for work.
“We will be able to keep existingb employees busy and perhapd hirenew ones,” she said. The bidding proceszs for a stimulus contract is very similar to that on any job both for the contractot and the state department oftransportation involved. The New Mexicko Department of Transportation advertisede the project in typical fashion with the lowest bidder winningthe contract, said Megamn Arrendondo, spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectswin depth, however, Arrendondo added. Constructioj on the 14-mile stretch, which runs on the southerjn portion ofthe highway, broke grounde May 20.
FNF Construction is hopeful that its portion of the upgradw is complete by the endof summer. “Wd are excited to keep on going and be part of the Billings said offuture jobs.