Tutor Perini Announces $47 Million Naval Facilities Project in Guam
September 22 2020 - 6:00AM
Business Wire
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading
civil, building and specialty construction company, announced today
that Black Construction-Tutor Perini JV has been awarded a task
order valued at approximately $47 million (including certain
options) by the Naval Facilities Engineering Command, Pacific
Region, for the P-491 Explosive Ordnance Disposal Compound
Facilities Project at Naval Base Guam. The project scope of work
includes design and construction of a consolidated operations
facility, maintenance facility, armory, multipurpose/training
facility and certain additional structures. This is the first task
order the Company has been awarded under an existing multiple-award
construction contract that has a ceiling value of $990 million and
which is available for additional competitively bid future task
order awards through September 2024.
The task order value is included in the Company’s third-quarter
2020 backlog. The project is expected to be completed in December
2022.
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/20200922005281/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 Apr 2024 to May 2024
Tutor Perini (NYSE:TPC)
Historical Stock Chart
From May 2023 to May 2024