Granite (GVA), in partnership with Contri Construction Company, announced the formation of Southern Nevada Construction Partners, a joint venture. SNCP has been selected to deliver the preconstruction phase of the Paradise Hills Construction Manager at Risk Project for the Southern Nevada Water Authority. This infrastructure initiative is a cornerstone of SNWA’s Horizon Lateral Program, which is designed to enhance long-term water delivery, system reliability, and regional redundancy. The project includes the installation of approximately 22,000 linear feet of 120-inch steel water pipeline, featuring up to three trenchless crossings beneath critical infrastructure: an existing 108-inch waterline, Interstate I-11, and Union Pacific Railroad tracks. The pipeline will also include multiple valved outlets for future connections to Boulder City, the City of Henderson’s Reservoir R-8, and the Horizon Lateral pipeline. A new 65 million gallons per day pumping station will be constructed, with an initial operating capacity of 35 MGD. The facility will include a single-level pump building with mechanical, electrical, and disinfection systems, surge protection infrastructure, flow metering, and advanced instrumentation and control systems. Site improvements will include civil grading, access roads, perimeter security, and desert-compliant landscaping. SNWA awarded SNCP the preconstruction contract which will be completed in December 2026. Construction is anticipated to begin on January 4, 2027, with completion expected January 2030. Granite’s total estimated construction contract value is $240 million.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GVA:
- Granite Construction Holds Annual Meeting, Elects Directors
- Granite’s organic growth opportunities ‘intact’, says DA Davidson
- Granite announces $26M San Francisco International Airport project
- Granite awarded first phase of CMGC contract in Alaska for $54M
- Granite COO James Radich announces planned retirement date