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Stock Market & Financial Investment News

News Breaks
May 9, 2014
08:47 EDTSTRLSterling Construction announces it was low bidder for two projects
Sterling Construction announced that it was the apparent low bidder on a $65.4M Texas Department of Transportation project entailing work on State Highway 199 in Tarrant County. The project, which consists of the construction of three cast-in-place post-tensioned box girder bridges, retaining walls, street reconstruction and landscaping, is expected to begin in August and be completed by mid-2018. Additionally, Sterling was the apparent low bidder on a $19M TxDOT project for work on US 377, also in Tarrant County. The project consists of urban street widening from five to six lanes including storm drain improvements, sound walls and retaining walls, and is expected to start in June and be completed by mid-2017.
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August 26, 2014
08:46 EDTSTRLSterling Construction apparent low bidder on CalTrans project valued at $53.6M
Sterling Construction announced that its affiliate, Myers & Sons Construction, was apparent low bidder on the California Department of Transportation Las Virgenes Canyon Road project in LA County on Route 101 with a bid of $53,645,672. The project will consist of replacing 30,850 CY of failing concrete from Calabasas to Agoura Hills in Southern California with 9,900 CY of Lean Concrete Base and 20,950 CY Precast Jointed Concrete Pavement during weekend closures. The project also calls for placing 191,000 Tons of Rubberized Asphalt Pavement at various locations along Hwy 101. Construction is anticipated to start in late 2014 and take approximately 18 months to complete.

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