Tutor Perini Confirms Award of $410 Million Contract for the Purple Line Extension Section 3 Tunnels Project
July 05 2018 - 12:20PM
Business Wire
Tutor Perini Corporation (NYSE: TPC), a leading civil, building
and specialty construction company, today announced that the Board
of Directors of the Los Angeles County Metropolitan Transportation
Authority has approved the award of a $410 million contract to the
Frontier-Kemper/Tutor Perini Joint Venture for the Purple Line
Extension Section 3 Tunnels Project. The project involves the
design and construction of twin bored tunnels for future Purple
Line subway service spanning approximately 2.6 miles between
Century City and the VA Hospital in Westwood. The subway extension
will provide a high-capacity, high-speed, dependable transit
alternative for those traveling to and from Los Angeles’
Westside.
Work is expected to commence in the next 90 days with
substantial completion anticipated in the fourth quarter of 2022.
The contract value will be included in the Company’s second quarter
2018 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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Tutor Perini CorporationJorge Casado, 818-362-8391Vice
President, Investor Relations and Corporate
Communicationswww.tutorperini.com
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