Cherry Hill Construction Awarded $58 Million I-83 Exit 18 Interchange Improvements Project

NEW YORK--()--Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its subsidiary, Cherry Hill Construction, has recently been awarded a contract by the Pennsylvania Department of Transportation (PennDOT) for the Interstate 83 Exit 18 (Mt. Rose Avenue) Interchange Improvements Project in York County, Pennsylvania. I-83 is a major highway in south central Pennsylvania. The contract value is approximately $58.3 million.

The project scope of work consists of the reconstruction and widening of Interstate 83, including six new and reconfigured interchange ramps, reconstruction and widening of PA Route 124 (Mt. Rose Avenue), and reconstruction and widening of SR 2005 (Camp Betty Washington Road & Haines Road), as well as other side road improvements. The project also includes the construction of several new and replacement bridges, culverts, sound walls, sign structures, traffic signals, utility relocations, highway lighting, stream relocation and mitigation, and closed-circuit traffic camera installation.

Notice to Proceed will be issued in April 2015 and substantial completion is scheduled to be achieved in June 2018. The contract value will be included as part of the Company’s reported first-quarter backlog.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil and building 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 and Corporate Communications
www.tutorperini.com

Contacts

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