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GRANITE CONSTRUCTION AWARDED $14.6 MILLION SITE DEVELOPMENT CONTRACT

 WATSONVILLE, Calif., Jan. 20 /PRNewswire/ -- Granite Construction Inc. (NASDAQ-NMS: GCCO) announced today that the company has been awarded a $14.6-million contract by the City of San Marcos, Calif. for site preparation for a new town center. San Marcos is located in northern San Diego County.
 The scope of the work includes 300,000 cubic yards of excavation, a large box culvert, miscellaneous utilities, curbs and gutters, sidewalks and paving. Construction is expected to start in six weeks and take approximately 20 months to complete.
 Granite Construction is a heavy civil contractor engaged in the construction of highways, dams, tunnels, airports, mass transit systems and other infrastructure-related projects. The company's stock is traded in the NASDAQ-National Market System under the symbol GCCO.
 -0- 1/20/93
 /CONTACT: Michael Lawson, media and investor relations manager of Granite Construction, 408-761-4717/
 (GCCO)


CO: Granite Construction Inc.; City of San Marcos ST: California IN: CST SU: CON

SG-GT -- SJ001 -- 6718 01/20/93 08:33 EST
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Publication:PR Newswire
Date:Jan 20, 1993
Words:162
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