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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Tutor Perini Corporation | NYSE:TPC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.59 | -2.41% | 23.91 | 24.50 | 23.58 | 24.34 | 364,513 | 01:00:00 |
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Rudolph and Sletten, has begun construction of the Stanford Hospital Pod E Renovation project in Palo Alto, California. The scope of work consists of renovations to a four-story 62,000 square-foot (sf) portion of the existing acute care hospital for upgraded inpatient nursing units for cancer patient recovery. The project also includes converting dual-bed patient rooms into single-patient rooms and the upgrade and/or replacement of mechanical, electrical, plumbing, information technology and medical equipment systems. Additionally, two four-story extensions to the building (40,000 sf each) will be added to increase the number of patient beds.
Rudolph and Sletten had been working on various preconstruction tasks for this project since late 2022. Substantial completion is anticipated in the spring of 2027. The undisclosed contract value was included in the Company’s backlog earlier this year.
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 customers 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. We offer general contracting, pre-construction planning and comprehensive project management services, including planning and scheduling of manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including site work, concrete forming and placement, steel erection, electrical, mechanical, plumbing and heating, ventilation and air conditioning (HVAC).
View source version on businesswire.com: https://www.businesswire.com/news/home/20240829252265/en/
Tutor Perini Corporation Jorge Casado, 818-362-8391 Vice President, Investor Relations and Corporate Communications www.tutorperini.com
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