Sterling Construction Company, Inc. Joint Venture is Selected as the Top Ranked Firm for a California Department of Transportation Project

THE WOODLANDS, Texas--(BUSINESS WIRE)--Sterling Construction Company, Inc. (NasdaqGS:STRL) (“Sterling” or “the Company”) today announced that its affiliate, Myers & Sons Construction (“Myers”), was selected as the top ranked firm on the Interstate 215 Barton Road Interchange Reconstruction Project in a 50/50 joint venture with Steve P. Rados, Inc. (“Rados”). The project will be constructed utilizing a Construction Manager/General Contractor (CMGC) delivery method for the California Department of Transportation (Caltrans), in cooperation with the San Bernardino Associated Governments (SANBAG), the City of Grand Terrace, and the City of Colton. The programmed funds for the project total $36.0 million and Caltrans intends to negotiate with the top ranked firm to establish a final construction price. Construction is expected to begin in early 2016 and be completed by mid-2018.

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