ConDig (19-Jun-18). A subsidiary of Woodlands, Texas-based civil contractor Sterling Construction Co has bagged a $28 million contract to revamp and widen a portion of FM 664 in Ellis County, Texas.
Under the deal with the Texas Department of Transportation (TxDOT), Texas Sterling Construction Co will widen the road from a two lane to a six-lane urban divided highway, including intersection improvements on about four miles.
The project scope also features enhancements to drainage, signal and signage to improve the safety of the intersection.
Work is earmarked to start in late August and is expected to take 20 months to complete.
“FM 664 is an important roadway that runs east-west through a very busy commercial district in the Red Oak area and is a connector between several north-south running roadways, including I-35. We are pleased to be part of this widening and improvement project as it will serve to ease traffic and improve safety for the rapidly increasing number of area residents,” said Joe Cutillo, Sterling’s chief executive officer.
“From a strategic perspective the Texas heavy civil market remains an important element of Sterling’s overall business and this project, which utilizes a variety of our core capabilities, represents the type of TxDOT job that we can execute profitably with strong visibility over the next two years.”
Last month, Sterling Construction Co secured a $18.7 million construction contract to revamp and expand a section of State Highway 73, near Winnie, Texas.
Sterling returned to profit in the fourth quarter as the civil contractor booked a 50.8% rise in revenue. The company posted net income of $3.1 million in the quarter ended December 31 last year compared with a loss of $6.3 million in the same period a year earlier.