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Smith-Midland Awarded $2.25M Rental Barrier Contract
Largest Contract in the History of Concrete Safety SystemsMIDLAND, VA / ACCESSWIRE / March 11, 2021 / Smith-Midland Corporation (NASDAQ:SMID) - announces that
About this update from Smith-midland Corporation
[{"type":"text","content":"Largest Contract in the History of Concrete Safety SystemsMIDLAND, VA / ACCESSWIRE / March 11, 2021 / Smith-Midland Corporation (NASDAQ:SMID) - announces that our safety barrier and rental division, Concrete Safety Systems (CSS), signed the largest contract in its history. The I-64 Hampton Roads Bridge-Tunnel expansion project contract with Hampton Roads Connector Partners (HRCP) exceeds $2.25M. This project is just one more step in Smith-Midland's strategic growth initiative to dominate the barrier rental market across the mid-Atlantic.Hampton Roads Connector Partners is a joint venture of Dragados USA, Vinci Construction, and Flatiron Constructors. This marks the first contract signing on this project between CSS and HRCP.The barrier and services supplied by CSS will protect highway construction workers as well as vehicle passengers during the five-year long I-64 Hampton Roads Bridge-Tunnel expansion project. The $3.8B project will widen the current segments of the 1-64 HRBT corridor in Norfolk and Hampton to eight lanes and bore new twin tunnels under the James River. This is the largest civil construction contract ever awarded by the Virginia Department of Transportation (VDOT).This initial order for MASH compliant J-J Hooks precast concrete highway safety barrier will include delivery, relocation, and pickup services of all barrier rented, plus a full array of attenuators, flashers, and reflectors. Installation will begin later this month.Matthew Smith, President of CSS stated \"We have a very long history of providing barrier and services to all of the leading contractors across our region. They know that regardless of the size or complexity of the project, we get it done right. Our just-one-call service model gives them one less thing to worry about; and makes it easier to keep everyone safe.\"About Smith-Midland CorporationSmith-Midland develops, manufactures, licenses, rents, and sells a broad array of precast concrete products for use primarily in the construction, transportation, and utilities industries. Management and the board own approximately 17.5 percent of SMID stock, aligning with shareholder values.About J-J Hooks Highway Safety BarrierConcrete Safety Systems utilizes J-J Hooks safety barrier, a proprietary product developed by The Smith-Midland Corporation in 1990. J-J Hooks currently offers a full suite of ...