STN - Stantec secures $20M contract for Gross Reservoir expansion project
- Stantec ( NYSE: STN ) has been named Engineer of Record providing engineering support during construction for the second phase of the Gross Reservoir Expansion project in Boulder County, Colorado.
- The $531M project will raise the height of the existing concrete curved gravity dam by 131 feet, increasing the reservoir’s capacity to ~119K total acre-feet and making it the tallest dam in Colorado.
- The GRE project aims to provide water security to more than 1.5M residents in Denver Water’s service area.
- The project is also designed to prevent water shortfalls during droughts or extreme weather-related events.
- Stantec’s $20M construction phase contract will include owner support, contractor quality reviews, and regulatory compliance.
- The GRE project received approval from the Colorado State Engineer’s Office and Federal Energy Regulatory Commission in early 2022.
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Stantec secures $20M contract for Gross Reservoir expansion project