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
  • Relocation of 200+ existing service lines
  • Installation of 29 fire hydrants to enhance fire protection coverage
  • Integration of approximately 200 residential water meters to support improved system monitoring and efficiency