Perini Management Services, Inc. Awarded $900 Million USACE Middle East District Multiple-Award Task Order Contract

FRAMINGHAM, Mass.--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a construction multiple-award task order contract (“MATOC”) by the U.S. Army Corps of Engineers, Middle East District. The contract provides a shared capacity of $900 million over seven years (a two-year base period and five one-year options periods) for design-bid-build services in Israel, primarily for the Israeli Ministry of Defense, as well as for other customers with requirements in Israel.

PMSI will compete for task orders under this MATOC, and the scope of services may include maintenance, repairs, alteration, construction, demolition, excavation, site and infrastructure improvements, airfield aprons and pavements, aircraft hangars, utility plants, maintenance facilities, warehouses, and other facilities.

This MATOC award builds on PMSI’s portfolio in the Middle East, which includes successfully executed projects in Iraq, Afghanistan, Saudi Arabia, Pakistan, Lebanon, and Egypt.

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.