Tutor Perini Provides Update on Recent Settlement Related to the SFMTA Central Subway Project
March 09 2021 - 6:00AM
Business Wire
Tutor Perini Corporation (NYSE: TPC) (the
“Company”), a leading civil, building and specialty construction
company, provided an update today regarding a recent settlement
related to the Company’s work on the Central Subway Project (the
“Project”) in San Francisco. On March 2, 2021, the Board of
Directors of the San Francisco Municipal Transportation Agency
(“SFMTA”) approved two contract modifications pertaining to the
Project totaling $146.6 million, which resolved all issues
contained therein. The Company is pleased with the settlement and
looks forward to a successful completion of the Project in the near
term.
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/20210309005325/en/
Tutor Perini Corporation Jorge Casado, 818-362-8391 Vice
President, Investor Relations and Corporate Communications
www.tutorperini.com
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