-

Tutor Perini Announces Low Bid for the $478 Million LAX Airport Metro Connector Project

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Company has been identified by the Los Angeles County Metropolitan Transportation Authority as the low bidder for the LAX Airport Metro Connector Project. The anticipated contract value is approximately $478 million. The project scope of work includes construction of a new major transit station hub connecting the Metro Crenshaw/LAX and Green rail lines and a number of bus routes with the LAX Automated People Mover.

Work is anticipated to begin in the third quarter of 2021 with substantial completion expected in the first quarter of 2025. The Company anticipates booking the contract value into backlog in the first quarter of 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 and Corporate Communications
www.tutorperini.com

Industry:

Tutor Perini Corporation

NYSE:TPC
Release Versions
English

Contacts

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

More News From Tutor Perini Corporation

Tutor Perini Prices $400 Million of Senior Notes Due 2033

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has priced $400 million aggregate principal amount of 6.625% senior notes due 2033 (the “Notes”) in a private offering. The sale of the Notes is expected to be completed on or about July 2, 2026, subject to the satisfaction of customary closing conditions. The Notes will be senior unsecured obligations of the Company and will b...

Tutor Perini Announces Proposed Offering of $400 Million of Senior Notes Due 2033

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it is offering $400 million aggregate principal amount of senior notes due 2033 (the “Notes”) in a private offering. The Notes will be senior unsecured obligations of the Company and will be guaranteed by each of its wholly owned domestic subsidiaries that guarantee its revolving credit facility. The Company intends to use the net...

Tutor Perini Backlog Bolstered with Award of $651.8 Million Project to Modernize and Protect Critical Power Infrastructure on Naval Base Guam

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that it has been awarded a task order valued at approximately $651.8 million by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific for Project P‑1181, Harden Critical Feeders on Naval Base Guam. The project was awarded under NAVFAC Pacific’s Facilities and Infrastructure Multiple Award Construction Contract. The purpose...
Back to Newsroom