Tutor Perini Announces Low Bid for the $189 Million Canton Viaduct Replacement Project

NEW YORK--()--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that the Company has been identified by the Maryland Transportation Authority as the low bidder for the Replacement of the Canton Viaduct I-895 Over I-95 Ramps, Railroads and City Streets and Rehabilitation of the Baltimore Harbor Tunnel and Tunnel Approaches. The anticipated contract value is approximately $189.4 million, and contract award is expected later in the fourth quarter of 2017.

The project scope of work includes the removal and replacement of an approximately 3,200-foot-long bridge structure on the north side of the Baltimore Harbor Tunnel, as well as tunnel rehabilitation. Work on the project is expected to commence in March 2018 with substantial completion anticipated by June 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.

Contacts

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations & Corporate Communications
www.tutorperini.com

Contacts

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations & Corporate Communications
www.tutorperini.com