Economy Watch: FNF Construction gets highway stimulus contract - Business Courier of Cincinnati:

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“It is a rehabilitation project to create asafer roadway,” said Deena Billings, businessx development officer for Tempe-based FNF which is celebrating 25 years in business. Some areaw of U.S. 491 have deteriorated creatinyg a significant safety issue for those whouse it, she said. The project is a good fit for the which also has an office in accordingto Billings. “Paving projects are kind of our In addition to making the roadwahy saferfor travelers, the $8.9 million project givee FNF Construction’s staff more opportunitgy for work. “We will be able to keep existing employeexs busy and perhaps hire new she said.
The bidding process for a stimulus contract is very similae to that on any job both for the contractore and the state department of transportation involved. The New Mexico Department of Transportation advertised the projecyt in typical fashion with the lowest bidde r winningthe contract, said Megan spokeswoman for the New Mexico Department of Transportation. The federall government does look at the projectsin however, Arrendondo added. Construction on the 14-mil stretch, which runs on the southern portion ofthe highway, broke ground May 20. FNF Constructiom is hopeful that its portion of the upgrade is completre by the endof summer.
“We are excited to keep on goingg and be part ofthe process,” Billings said of future