Granite (NYSE: GVA) has been awarded a contract worth approximately $19 million for the Tahoe Cedars Water System Replacement Project by the Tahoe City Public Utility District (TCPUD). Located on the west shore of Lake Tahoe, California, the project aims to modernize essential infrastructure by replacing outdated pipelines and components that have exceeded their service life. Key enhancements include the installation of 15,000 linear feet of new water mains, relocation of over 200 service lines, and the addition of 29 fire hydrants to bolster fire protection in the area. The upgraded system is designed to meet current regulatory standards and is expected to provide a resilient solution with a service life of at least 50 years. Granite’s Vice President of Regional Operations, Chris Burke, emphasized the importance of collaboration in achieving the Guaranteed Maximum Price (GMP) for the project. The initial phase of construction is slated to commence in mid-June 2026 and is projected to be completed by October 2026, marking the first year of a planned four-year construction program.