Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Los Angeles County Metropolitan Transportation Authority has awarded the Company a contract for the $432 million Division 20 Portal Widening and Turnback Facility project. The project scope of work includes a variety of civil improvements, including demolition and/or modification of the existing tunnel portal, installation of new trackwork, a third rail, traction power and train control systems, and construction of new storage areas and a new turnback facility to improve railyard flow and efficiency.

Work is expected to begin in the spring of 2020 with substantial completion anticipated in early 2024. The contract value was included in the Company’s fourth quarter 2019 backlog.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

Tutor Perini Corporation Jorge Casado, 818-362-8391 Vice President, Investor Relations and Corporate Communications www.tutorperini.com

Tutor Perini (NYSE:TPC)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Tutor Perini Charts.
Tutor Perini (NYSE:TPC)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Tutor Perini Charts.