Granite Announces Continued Collaboration on Southern Nevada Water Infrastructure Project

Strategic Insights -

Granite, a leading construction and construction materials company, has announced its continued partnership with the Southern Nevada Water Authority (SNWA) and Contri Construction Company through the award of the Rice Pumping Station & Pipeline Project. This collaborative effort is part of the Horizon Lateral Program, a strategic initiative designed to enhance system reliability, redundancy, and long-term water delivery capabilities to SNWA facilities serving the Las Vegas Valley Water District and the City of Henderson. The program is being delivered through a staged design and construction approach, with the Rice Pumping Station & Pipeline Project among the first to advance into detailed design and construction.

Key Takeaways:

  • Granite operates under the Southern Nevada Construction Partners (SNCP), a joint venture with Contri, to deliver the Horizon Lateral Program.
  • The Rice Pumping Station & Pipeline Project involves the construction of a new 30 MGD pumping station at the existing Thomas Rice Reservoir and Pumping Station site.
  • A 21,000-linear-foot, 42-inch diameter steel water pipeline will be installed to convey water southwest to the Spring Mountain/Durango Reservoir site.
  • Granite's involvement in the Horizon Lateral Program showcases its expertise in complex water infrastructure and commitment to community-focused construction solutions.
  • The project is expected to transition into a construction phase with a budget of $100-$120 million, with Granite's portion being approximately $70 million.
  • Granite was awarded a $2 million preconstruction services agreement in May 2025, with completion targeted for January 2027.
  • The construction portion of the project is expected to begin in February 2027 and continue through March 2030.

Statistics:

  • 30 million gallons per day (MGD) pumping station to be constructed at the existing Thomas Rice Reservoir and Pumping Station site.
  • 21,000-linear-foot, 42-inch diameter steel water pipeline to be installed.
  • $2 million preconstruction services agreement awarded to Granite in May 2025.
  • Project budget expected to range from $100-$120 million, with Granite's portion being approximately $70 million.
  • Construction completion targeted for March 2030.
  • Granite's portion of the project included in the second quarter Committed and Awarded Projects (CAP).

Sources:

  • Granite (NYSE:GVA) press release, May 2025
  • Businesswire.com, May 2025
  • Granite company profile, graniteconstruction.com