Sterling Infrastructure unit awarded two large transportation projects

Sterling Infrastructure (STRL) announced that Sterling’s Ralph Wadsworth subsidiary has been awarded two significant transportation projects: The I-15 1800 North Interchange project for the Utah Department of Transportation will enhance regional mobility in Davis County, Utah. The project has a total value of $195M and is expected to begin in spring 2025 and continue through late 2027. RLW has a 60% interest in the job, while joint venture partner Whitaker Construction holds the remaining 40%. The project will be included in first quarter 2025 backlog. The I-25 North Corridor project is part of the Colorado Department of Transportation’s northern transportation improvement project. The award has a total value of $86M and marks the next phase of a multi-year project that began pre-construction activities in 2018. RLW’s share of this phase is 51%, with joint venture partner SEMA Construction at 49%. The award is included in December 31, 2024 combined backlog.