Tutor Perini Announces Low Bid for the $478 Million LAX Airport Metro Connector Project
March 15 2021 - 6:00AM
Business Wire
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading
civil, building and specialty construction company, announced today
that the Company has been identified by the Los Angeles County
Metropolitan Transportation Authority as the low bidder for the LAX
Airport Metro Connector Project. The anticipated contract value is
approximately $478 million. The project scope of work includes
construction of a new major transit station hub connecting the
Metro Crenshaw/LAX and Green rail lines and a number of bus routes
with the LAX Automated People Mover.
Work is anticipated to begin in the third quarter of 2021 with
substantial completion expected in the first quarter of 2025. The
Company anticipates booking the contract value into backlog in the
first quarter of 2021.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210315005087/en/
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 Aug 2024 to Sep 2024
Tutor Perini (NYSE:TPC)
Historical Stock Chart
From Sep 2023 to Sep 2024