|Exhibit 15.1                                                                                                                                                                                                                                                                  
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|LETTER RE UNAUDITED INTERIM FINANCIAL INFORMATION                                                                                                                                                                                                                             
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|November 3, 2005                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|Peter Kiewit Sons, Inc.                                                                                                                                                                                                                                                      
|1000 Kiewit Plaza                                                                                                                                                                                                                                                             
|Omaha, Nebraska 68131                                                                                                                                                                                                                                                         
|                                                                                                                                                                                                                                                                              
|Re:  Registration Statement Nos. 333-126390 and 333-126825                                                                                                                                                                                                                    
|                                                                                                                                                                                                                                                                              
|With respect to the subject registration statements, we acknowledge our awareness of the use therein of our report dated November 3, 2005 related to our review of interim financial information.                                                                             
|                                                                                                                                                                                                                                                                              
|Pursuant to Rule 436 under the Securities Act of 1933 (the Act), such report is not considered part of a registration statement prepared or certified by an accountant, or a report prepared or certified by an accountant within the meaning of Sections 7 and 11 of the Act.
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|                                                                                                                                                                                                                                                                              
|/s/ KPMG LLP                                                                                                                                                                                                                                                                  
|                                                                                                                                                                                                                                                                              
|Omaha, Nebraska