Granite Construction awarded $51.5 million SCORE rail siding contract in Southern California
Granite Construction announced it has secured a $51.5 million contract from the Southern California Regional Rail Authority to build two rail sidings near downtown Los Angeles and Rancho Cucamonga. Construction is slated to start in January 2027 and finish in July 2028. The award marks the first project under the Southern California Optimized Rail Expansion (SCORE) program and aligns with the company’s regional rail growth strategy, according to Vice President Bill Moore.
Why it matters
The contract adds a $51.5 million line item to Granite’s 2026 fourth‑quarter capital plan, expanding its exposure to rail infrastructure work tied to the 2028 Los Angeles Olympic Games. Completion of the sidings should increase regional rail capacity, potentially boosting future revenue from similar SCORE projects.
Key facts
- 1Granite received a $51.5 million contract to construct two rail sidings in Southern California. stocktitan.net
- 2Construction is scheduled to begin in January 2027 and be completed by July 2028. stocktitan.net
- 3The project is the first awarded under the SCORE (Southern California Optimized Rail Expansion) program. investing.com
- 4Vice President Bill Moore said the award supports Granite’s regional rail strategy and positions the firm for future SCORE work. investing.com
- 5The contract will be reflected in Granite’s fourth‑quarter 2026 capital program. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.