Southern Nevada Water Authority: Utility Account Brief

Executive overview

Key findings

US$705.3 million: capital sources of funds in the FY 2026-27 tentative budget, up 65%

US$2.0–2.7 billion: current estimated construction cost of the whole Horizon Lateral Program; Phase I construction expected from early 2027 to 2030

US$498.6 million: new-money bonds for the Authority's capital plan, sold October 19, 2026 (sale listing)

US$339.6 million: construction in progress at June 30, 2025, up 56.7% in a year

Buyer relevance

Who the report is for

Pipe, valve and pump manufacturers

Identify the Horizon Lateral packages held by Southern Nevada Construction Partners, including about 22,000 linear feet of 120-inch steel pipe at Paradise Hills.

Construction subcontractors

See which CMAR contracts are awarded, such as the US$240 million Paradise Hills segment and about US$230 million of Garnet Valley wastewater work, and when construction starts.

Equipment and service vendors new to the Authority

Use the purchasing thresholds, from US$100,000 formal bids on the Nevada Gov eMarketplace to Board awards above US$500,000, to plan registration and bids.

Decision scope

Questions answered

How large is the Authority's capital budget?

Capital sources in the FY 2026-27 tentative budget are US$705.3 million, up 65%, including a projected US$512.1 million debt issue.

Who holds the Horizon Lateral construction work?

Southern Nevada Construction Partners, a Granite and Contri joint venture, holds the US$240 million Paradise Hills CMAR and the Rice package, with an anticipated US$100–120 million construction contract.

Where are the Authority's bids posted?

Purchases above US$100,000 are bid on the Nevada Gov eMarketplace; purchases up to US$100,000 use Fairmarkit.

When does Horizon Lateral construction start?

Phase I construction is expected from early 2027 to 2030; Paradise Hills preconstruction runs to December 2026.

Inside the report

Inside the complete report

1. The Account at a Glance

2. Organisation and Decision-Making

3. Financial Position

4. Priorities and Pressures

5. How Southern Nevada Water Authority Buys

6. Opportunity Register

7. Commercial Priorities: Where to Focus First

8. Watch List: What to Monitor and What to Do

Source Register

Public preview

What to watch next

Horizon Lateral construction packages (from early 2027)

Paradise Hills and Rice move from preconstruction to construction.

Board agendas

Approves awards above US$500,000 (goods and services) and US$1,000,000 (construction).

FY 2027-28 budget

Shows whether capital sources stay near the FY 2026-27 level of US$705.3m.

Amended capital plan

Would replace the 2020 total of US$3,165.6m with current costs.

Landscape report page with a table listing Horizon Lateral Phase I and later phases, Garnet Valley systems, system maintenance, Boulder Flats Solar, conservation and the San Diego desalination exchange. — Sample page · page 7 of 10
Opportunity Register: status, stage, existing contractors, supplier categories and access routes for the Authority's main programs.

Included

What you receive

The complete PDF report: 10 pages, 9 sections, 7 tables and a register of 22 sources.

This edition

November 2026, First edition.

Evidence & method

Evidence and method

The brief draws on the Authority's audited annual financial reports, budgets and 2020 amended capital plan, its Horizon Lateral program page and the Las Vegas Valley Water District's supplier page. Contractor awards, bond sale results, ratings and federal Colorado River decisions come from contractor releases, trade press, rating agency releases and Reclamation, checked on November 4, 2026.

Sources

22 sources, listed in the report's source register. Evidence current to 4 November 2026. Principal data periods: FY 2025 audited results (year ended June 30, 2025); FY 2026-27 budget. Project and procurement status checked against public sources on November 4, 2026. All currency is US dollars (US$)..

Lead analyst

Robert C. Brears

Founder, Our Future Water Intelligence

Robert C. Brears is a water-security specialist and author whose work examines utility governance, infrastructure investment, climate resilience and long-term water-system change for executive and policy audiences.

Decision-focused utility intelligence
Published water-policy author
Evidence-grounded system analysis

Buyer FAQs

Before you purchase

Who can use the report?

Licensed for internal use within one purchasing organization. The PDF and its contents may be shared with colleagues within that organization. External redistribution, resale and public publication are prohibited without permission.

How is the report delivered?

The PDF is available to download immediately after confirmed payment, through our secure delivery system.

Can my organization buy wider access?

Institutional purchasing: For invoice enquiries, multi-organization licensing or broader access requirements, contact Our Future Water Intelligence.