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Granite awarded $505m rail contract in Orlando
Investors - MAY 22, 2019

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Granite awarded $505m rail contract in Orlando

by Released

Granite has been awarded a $505 million higher-speed rail project by Virgin Trains USA Florida for its planned expansion to Orlando.

Granite will oversee Zone 3: encompassing 35.5 miles of rail alignment between Orlando International Airport and Cocoa. Of the total contract value, approximately $490 million was booked in Granite’s fourth quarter 2018 backlog and the remaining $15 million will be included in its second quarter 2019 backlog.

Currently operating between Miami, Fort Lauderdale and West Palm Beach, Virgin Trains USA is the only privately owned and operated intercity passenger rail service in the United States. Providing fast, efficient, hospitality-driven transportation featuring the latest in customer-friendly amenities, Virgin USA is also planning to expand from Orlando into Tampa. In addition, the company recently announced it will construct and operate a new express service connecting Las Vegas to Southern California.

Scope of Granite’s work

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