Fluor Corporation FLR confirmed today that the New York State Thruway
Authority and the New York State Department of Transportation announced that
Tappan Zee Constructors, a Fluor-led team consisting of Fluor Enterprises,
Inc., American Bridge Company, Granite Construction Northeast, Inc., and
Traylor Bros., Inc., was selected for the multi-billion dollar, design-build
contract for the new Tappan Zee Hudson River Crossing Project.
Three design concepts and corresponding budgets were presented to the public
by the Authority and New York's Governor Andrew Cuomo on December 5, 2012, in
Albany. Tappan Zee Constructors' submission, shown as Proposal One, was
recommended at that time by the Selection Committee. Today, the Authority's
Board of Directors made the final selection of the Tappan Zee Constructors'
proposal.
Based on its 30 percent ownership of the joint venture, Fluor will book its
portion of the project into backlog once the contract receives final approval
and a notice to proceed is issued.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in