California-based Granite Construction has secured a $48m contract to rehabilitate Runway 7L/25R at Alaska's Ted Stevens Anchorage International Airport.
The federally-funded contract was awarded by the Alaska department of transportation and public facilities.
The rehabilitation work will be carried out in two phases, which will respectively cost $19m and $29m.
The project includes the rehabilitation of connecting taxiways, replacing and upgrading airfield lighting and signage, as well as the construction of new access roads.
As part of the contract, Granite crews will place over 225,000t of hot-mix asphalt and approximately 350,000t of borrow material.
Construction is scheduled to start in the second quarter of 2014 and is expected to be completed by the fourth quarter of 2015.
Located 12km south of Anchorage, the Ted Stevens Anchorage International Airport is an important transpacific crossroads for both commercial and cargo flights.
The airport's south terminal hosts 17 airlines providing domestic flights, whereas the north terminal hosts four international airlines, including China Airlines and Korean Air.
The airport is essential for some of the northern towns and industries, as workers and cargo are constantly ferried north to escape the cold Alaskan winters.