GVA Granite Construction Incorporated

Granite Awarded $36 Million Water Infrastructure Project in Northern California

Granite (NYSE:GVA) announced today it has been awarded a $36 million contract by the El Dorado Irrigation District (EID) for the Folsom Lake Intake Improvements Project in El Dorado Hills, California, located approximately 20 miles east of Sacramento.

Originally constructed in 1958, the Folsom Lake Intake supplies raw water from Folsom Lake to the El Dorado Hills Water Treatment Plant where it is treated and conveyed to local customers. This project will provide critical improvements to the existing facilities including the replacement of all intake structures, pumps and associated piping, electrical, controls and site modifications. Crews will also be responsible for constructing a temperature-controlled device for EID’s intake facilities in order to preserve the cold-water pool in Folsom Lake to help enhance downstream habitat for anadromous fish species as well as maintaining water delivery service during construction.

“Granite’s Sacramento Valley Region has a long history of working with the irrigation district and the team looks forward to working together again to complete the necessary improvements at Folsom Lake,” said Carter Rohrbough, vice president of Granite’s Northern California Operations.

Construction on the project is estimated to begin this summer with an estimated completion in spring 2022. For more information, visit the project website at .

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite provider in the transportation, water infrastructure and mineral exploration markets. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. In addition to being one of the World’s Most Ethical Companies for eleven consecutive years, Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the , and connect with Granite on , , and .

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11/03/2020

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