The Oregon Department of Transportation (ODOT) announced that an agreement has been reached with Granite Construction Co.’s joint venture, Yaquina River Constructors (YRC), to terminate the U.S. 20 Pioneer Mountain to Eddyville design-build contract. Terms of the agreement include that YRC will pay ODOT $15 million, both parties will waive claims against each other and the notice of default ODOT issued to YRC in March of this year will be rescinded. YRC will no longer have the contractual obligation to complete the project and will demobilize from the project site in an orderly manner.