Quanta Services Receives $194 Mln, 5-yr Contract For Transmission System Expansion - Quick Facts

Posted on Tuesday, February 26, 2008 6:23 AM
(RTTNews) - Quanta Services, Inc. (PWR) announced on Tuesday that it has gained a contract with the Lower Colorado River Authority, or LCRA, at an estimated value of up to $194 million over five years. As per the contract, Irby Construction, a Quanta subsidiary, will provide transmission line construction, including right-of-way preparation, environmental controls, structural foundations, structure installation, conductor stringing and energizing of new transmission lines as well as the reconstruction of existing transmission lines. Quanta noted that the work it will perform under the contract will contribute to LCRA's approved plans to expand transmission infrastructure through several new and upgraded transmission line projects. For comments and feedback: contact editorial@rttnews.com
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