WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) announced today that it has been awarded a $61 million dam removal contract by California American Water, a subsidiary of water and wastewater utility American Water. Granite expects to book the project into backlog during the second quarter of 2013.
Located in Monterey County, the Carmel River Reroute and San Clemente Dam Removal Project involves rerouting 3,000 feet of the Carmel River into the San Clemente Creek. Scope of the work includes the removal of the San Clemente and Old Carmel River Dams and the creation of a new combined flow reach and reroute channel. The existing dam location will be restored with a focus on steelhead trout passage and upland habitat restoration.
"We're proud to have been selected for this innovative project, which solves a safety issue for the community and benefits the Carmel River and its wildlife," said
James H. Roberts, Granite president and chief executive officer.
Construction is scheduled to start in July 2013 and will take approximately 28 months to complete.
About Granite
Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE: GVA) is one of the nation's largest infrastructure contractors and construction materials producers. Incorporated in 1922, Granite serves public- and private-sector clients on projects both small and large. Granite's project teams represent some of the best in the industry serving owners in the transportation, power, federal, tunneling, underground, and industrial/mining and water resources markets. In 2013, the Company was recognized by the Ethisphere Institute as one of the World's Most Ethical Companies for the fourth year in a row. For more information please visit www.graniteconstruction.com.
Source: Granite Construction Incorporated