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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 | |
---|---|---|---|---|---|---|---|---|
0.98 | 5.64% | 18.37 | 18.00 | 17.36 | 17.84 | 555,611 | 01:00:00 |
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
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