Primoris lands $27M bridge replacement contract in Louisiana

ConDig (17-Dec-19).  Dallas, Texas-based construction and infrastructure company Primoris Services Corp has bagged a $27 million contract to replace a bridge in southern Louisiana.

Under the deal with the Louisiana Department of Transportation and Development, the company will remove an existing steel lift span bridge and replace it with a concrete vertical lift span bridge and associated roadways.

Work is slated to kick off in the first quarter of next year and set to be completed in the third quarter of 2023.

Primoris last month reported that profit increased 9% in its fiscal third quarter compared with the same period a year-ago despite a drop in revenue. For the quarter ended September 30, the company booked net income of $35.6 million compared with $32.7 million in the same period last year, driven largely by a rise in profit at the group’s civil and utilities division.

In September, Primoris said it had secured three contracts worth a total of $43 million for pipeline work in Northern Alberta, Canada. It also secured a $140 million deal for electric utility work in Northern California.tric utility work in Northern California.