Granite to Complete Initial Phase of Tahoe Cedars Water System Reconstruction

Granite to Complete Initial Phase of Tahoe Cedars Water System Reconstruction

Granite (NYSE: GVA) announced it has been awarded an approximately $19 million Progressive Design-Build (PDB) Guaranteed Maximum Price (GMP) 1 for the Tahoe Cedars Water System Replacement Project by the Tahoe City Public Utility District (TCPUD).

The Tahoe Cedars Water System Replacement Project, located on the west shore of Lake Tahoe, California, will modernize critical infrastructure serving the Tahoe Cedars community by replacing aging pipelines and system components that have operated beyond their intended service life.

Key components include:

Installation of 15,000 linear feet of new water mains