Granite wins $19 million water system project in Lake Tahoe

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Granite to Complete Initial Phase of Tahoe Cedars Water System Reconstruction

June 3, 2026 4:30 PM EDT

WATSONVILLE, Calif.--(BUSINESS WIRE)-- 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... More