Granite’s Intercounty Constructors Joint Venture Awarded ENR’s Northeast Region Best Project of 2011

Granite Construction Incorporated (NYSE:GVA) announced today that Intercounty Constructors, a joint venture comprising Granite Construction Company, Corman Construction, and G.A. & F.C. Wagman, was recently selected by Engineering News Record (ENR) as the Northeast Region Best Project of 2011 for their successful completion of Maryland’s Intercounty Connector Contract A (ICC-A) Project.

The joint venture constructed the westernmost 7.2 miles of the ICC/MD 200, which opened on February 22, 2011. The ICC is Maryland’s first electronic toll road; it connects I-370 at Shady Grove and MD 97 (Georgia Avenue) in Rockville/Olney to I-95.

Project scope includes the construction of approximately 7 miles of six-lane divided highway, the relocation of five local roadways, the construction/reconstruction of three interchanges, seven dual bridges, 11 single bridges, four bridge widenings, and a 610-foot deck-over structure. The work incorporated approximately 650,000 square yards of paving and 2.4 million cubic yards of earthwork, plus drainage, structures, maintenance and protection of traffic, signing, lighting, signalization, striping, electronic toll collection, an intelligent transportation system, fencing, barriers, guardrail, landscaping, and utility relocations. The project demanded immense environmental sensitivity and extensive community outreach.

ENR annually recognizes the nation’s best construction projects and companies. The Northeast Region is composed of 10 states, and ICC-A was one of 98 entries.

The joint-venture team was honored at an awards ceremony in New York City on November 8, 2011, and was featured in ENR’s Northeast Region magazine on November 7. This award qualifies ICC-A for ENR’s Best of the Best Projects 2011 on a national level, where winners will be showcased in a special editorial feature in ENR and the editorial staff will select one project as the Editors’ Choice.

To read ENR’s feature on the Intercounty Constructors, please visit http://newyork.construction.com/new_york_construction_projects/2011/1107-2011BestProjectsTakeCenterStage.asp

About Granite

Granite Construction Incorporated is a member of the S&P 400 Midcap Index, the FTSE KLD 400 Social Index and the Russell 2000 Index. Granite Construction Company, a wholly owned subsidiary, is one of the nation’s largest diversified heavy civil contractors and construction materials producers. Granite Construction Company serves public- and private-sector clients through its offices and subsidiaries nationwide. In 2011, the Company was named one of the World’s Most Ethical Companies. For more information about Granite, please visit its website at graniteconstruction.com.