Tutor Perini Confirms Award of $432 Million Contract for the Division 20 Portal Widening and Turnback Facility Project
February 27 2020 - 6:00AM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20200227005096/en/
Tutor Perini Corporation Jorge Casado, 818-362-8391 Vice
President, Investor Relations and Corporate Communications
www.tutorperini.com
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