Primoris Services Corp PRIM:NASDAQ

Last Price$18.98NASDAQ Previous Close - Last Trade as of 4:00PM ET 8/23/19
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Primoris Services' Unit Wins $24 Mln Highway Construction Contract in Texas

7:57AM ET 6/26/2019 MT Newswires
Primoris Services (PRIM) said its Primoris Heavy Civil unit received a $24 million contract from the Texas Department of Transportation.

The project involves the construction of a diverging diamond intersection to alleviate an existing traffic bottleneck in Travis County, Texas. Austin is the county seat.

Work also includes widening and extending a frontage road, adding a bypass lane, reconstructing two entrance/exit ramps, and improving bicycle and pedestrian accommodations.

Construction is slated for commencement Q3, with completion expected in Q1 2021.

Price: 19.55, Change: +0.31, Percent Change: +1.61