TARRYTOWN, NY-Granite Construction Inc. announced Thursday that Tappan Zee Constructors—a team comprised of Granite Construction Northeast Inc., Fluor Enterprises Inc., American Bridge Company, and Traylor Bros.—recently received an executed contract and final notice from the New York State Thruway Authority to proceed for design-build of the new Tappan Zee Hudson River Crossing Project.

The authority previously announced plans to replace the aging bridge and it accepted TZC's $3.14-billion bid, which represented the lowest cost and the quickest construction timeline presented among three bidders, back in December 2012.

Granite booked approximately $733 million related to its portion of the contract into backlog in the first quarter of 2013, according to the announcement. The 3.1-mile-long Tappan Zee Bridge connects Rockland County to Westchester County in the Lower Hudson Valley (approximately 25 miles north of midtown Manhattan) and serves approximately 138,000 vehicles per day, the announcement states.

The mega-project will be the single largest bridge project in New York's history. It is currently underway and the team has established offices in Tarrytown, New York, the announcement says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rayna Katz

Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.