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Southland Holdings, Inc. (NYSE:SLND) ("Southland") announced today that a subsidiary in its Civil segment, Oscar Renda Contracting, has been awarded a $77 million contract to construct a water pipeline for the for Garrison Diversion Conservatory District in North Dakota.
The scope of work includes installing approximately 8 miles of 72-inch diameter water pipeline. The water pipeline is expected to provide a sustainable water supply to a community that has experienced periods of drought. This is an initial phase of the $1 billion Red River Valley Water Supply Project which is anticipated to benefit nearly 50% of North Dakota's population. Construction is expected to start in the second quarter of 2024.
Posted In: SLND
