Business
Granite Announces Launch of Pajaro River Flood Risk Management Project – Reach 6
WATSONVILLE, Calif., September 25, 2025--Granite (NYSE:GVA) announced it has been awarded a contract valued at approximately $39 million by the U.S. Army Corps of Engineers (USACE) for the construction of Reach 6 of the Pajaro River Flood Risk Management Project, a transformative initiative led and funded by USACE. The award will be reflected in Granite’s third quarter CAP.
About this update from Granite Construction Incorporated
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2650,"height":402,"url":"https://media.zenfs.com/en/business-wire.com/41e2af216d40222cef7e9a5066b50f2a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/PzAgMS_OA29ppAGdyYMOvg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTE0NjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/41e2af216d40222cef7e9a5066b50f2a","width":960,"height":146},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/FJLkG1pqRPRHrKLsF03GYA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0zNjQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/41e2af216d40222cef7e9a5066b50f2a","width":1200,"height":182}},"lazy":false},{"type":"text","content":"WATSONVILLE, Calif., September 25, 2025--(BUSINESS WIRE)--Granite (NYSE:GVA) announced it has been awarded a contract valued at approximately $39 million by the U.S. Army Corps of Engineers (USACE) for the construction of Reach 6 of the Pajaro River Flood Risk Management Project, a transformative initiative led and funded by USACE. The award will be reflected in Granite’s third quarter CAP.","length":393,"tagName":"p"},{"type":"text","content":"Reach 6 is the first of five planned reaches and involves construction along Corralitos Creek, a tributary of the Pajaro River Levee System in the City of Watsonville, County of Santa Cruz. Designed to reduce flood risk for thousands of residents and businesses historically vulnerable to severe flood events, Reach 6 sets the tone for the broader effort, combining engineering excellence with local insight and community partnership.","length":434,"tagName":"p"},{"type":"text","content":""This initiative is particularly exciting for our team," said Granite Vice President of Regional Operations, Brent Fogg. "It’s not only a vital investment in public safety and environmental stewardship, but also a meaningful opportunity to support the community where Granite was both founded and remains proudly headquartered."","length":348,"tagName":"p"},{"type":"text","content":""This project reflects the strong collaboration between our Federal Division and Regional teams," added Granite Vice President of Federal Operations, Curt Haldeman. "It creates opportunities for employees to deepen their experience with federal work and helps expand o...