Granite Wins $230 Million Contract for Garnet Valley Wastewater System Project

Granite has secured two work packages valued at $160 million and $70 million under a $230 million CMAR contract for the Garnet Valley Wastewater System project in Las Vegas. The project, awarded by the Southern Nevada Water Authority, is part of a broader $900 million infrastructure initiative. Granite's 30-year history in Las Vegas and collaborative delivery experience make it well-positioned to deliver a successful project.

Granite (NYSE: GVA) has secured two significant work packages valued at approximately $160 million and $70 million under a $230 million Construction Manager at Risk (CMAR) contract for the Garnet Valley Wastewater System project in Las Vegas. The project, awarded by the Southern Nevada Water Authority (SNWA), is a critical component of a broader $900 million infrastructure initiative in the Apex Industrial Park, developed in partnership with the City of North Las Vegas [1].

Granite, known for its extensive experience in Las Vegas and its collaborative delivery approach, is well-positioned to deliver a successful project. The company's nearly 30-year history in the region and its vast experience in collaborative delivery have been cited as key factors in securing these work packages [1].

The Garnet Valley Wastewater System project includes 5 miles of gravity wastewater pipeline, 11 miles of force-main, and 3 large lift stations, with integration into the City of North Las Vegas treatment facilities. Construction began in June 2025 and is expected to be completed by December 2027 [1].

Southern Nevada maximizes its water resources by treating and recycling 99 percent of the water used indoors in its service area. Treating wastewater and returning it to Lake Mead extends Southern Nevada’s water resources through return-flow credits, contributing to sustainable development and reducing water demand impacts to the Colorado River [1].

Granite, established in 1922, is one of the largest diversified construction and construction materials companies in the United States, as well as a full-suite civil construction provider. The company's commitment to ethical standards, safety, and sustainability is well-documented [1].

References:
[1] https://www.businesswire.com/news/home/20250729838123/en/Granite-Selected-for-Garnet-Valley-Wastewater-System-Project
[2] https://www.stocktitan.net/news/GVA/granite-selected-for-garnet-valley-wastewater-system-2t32dxwrwx0a.html