Fisk Electric Awarded $43.4 Million Electrical Contract for Cruise Terminal G Complex at Port of Miami

LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company, has been awarded an electrical services contract for the Cruise Terminal G Complex at the Port of Miami. The contract value is approximately $43.4 million.

The project scope of work includes a new electrical vault to support electrical distribution switchboards for Terminal G, installation of new conduits to ensure primary and emergency power supply, as well as new main switchgear, automatic transfer switches, switchboards, and panelboards. Additionally, the Terminal G parking garage will incorporate 50 electric vehicle (EV) charging stations, with infrastructure capable of accommodating up to 430 more chargers in the future. The project also includes supplying power to the existing chillers and fire pump at Terminal F, the replacement of the current 2000-KW generator in the Central Utility Plant, and procurement and installation of three additional generators with emergency paralleling switchgear to provide a reliable backup power source for life safety systems, along with advanced lighting for the cruise terminal and parking garage.

Work has recently commenced, and substantial completion is anticipated in November 2027. The contract value was added to the Company’s backlog in the third quarter of 2025.

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 safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.