Craig Holding & Evaporation Ponds in Colorado is a vital water resource infrastructure managed by a public utility, serving the primary purpose of water supply. Completed in 1978, this Earth dam stands at a height of 40 feet and has a storage capacity of 2330 acre-feet, with a normal storage capacity of 1935 acre-feet. Located in Moffat County along the Yampa River, the dam covers a surface area of 79 acres and plays a crucial role in water management within the region.

With its significant hazard potential and high risk assessment rating, Craig Holding & Evaporation Ponds are subject to regular inspections and maintenance to ensure their structural integrity and operational efficiency. The dam's condition has been deemed satisfactory as of the last assessment in September 2020. Despite the absence of a spillway, this water infrastructure plays a crucial role in regulating water flow along the Yampa River and meeting the region's water supply needs. As a pivotal component of the state's water management system, the dam underscores the importance of sustainable water resource practices in the face of climate variability and increasing water demands.