Granite Construction Inc. Secures $60 Million Contract for Tahoe Cedars Water Reconstruction Project in California

Reuters

2025/06/13

Granite Construction Inc. Secures $60 Million Contract for Tahoe Cedars Water Reconstruction Project in California

Granite Construction Inc. has been awarded the preconstruction contract for the Tahoe Cedars Water Reconstruction Project by the Tahoe City Public Utility District (TCPUD). This $3 million project, Granite's first Progressive Design-Build (PDB) contract in California, marks a significant achievement for the company. Located in Tahoma, California, the project aims to revamp the outdated water infrastructure originally built in the 1940s. Key upgrades include replacing 15 miles of water mains, relocating 632 water service lines, installing 97 new fire hydrants, and adding over 1,000 residential water meters. Preconstruction activities began this Spring and are set to continue through early 2026, with the construction phase slated to start in May 2026 and run through 2029. The total anticipated construction value of the contract is $60 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Granite Construction Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250612782008) on June 12, 2025, and is solely responsible for the information contained therein.

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Secures $60 Million Contract for Tahoe Cedars Water Reconstruction Project in California\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-06-13 04:30</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Granite Construction Inc. 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ID: 20250612782008) on June 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GVA","symbol_name":"花崗岩建築","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250612:nNDL79lvFp:1","article_id":"2543254780","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2543254780","pubTimestamp":1749760215,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Granite Construction Inc. has been awarded the preconstruction contract for the Tahoe Cedars Water Reconstruction Project by the Tahoe City Public Utility District . 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