Perini Management Services, Inc. Awarded the Right to Compete for Task Orders Under $2 Billion USACE Energy Resilience and Conservation Investment Program

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 (“USACE”), Louisville District. The contract provides a shared capacity of $2 billion over 10 years (a three-year base period and seven one-year option periods) for design-build and design-bid-build construction services supporting the Energy Resilience and Conservation Investment Program (“ERCIP”) nationwide.

This MATOC enables PMSI to compete for task orders under the ERCIP, and the scope of services may include the construction of new electrical and water infrastructure, as well as the repair, replacement, and modification of existing systems at U.S. military facilities within the contiguous United States and the Commonwealth of Puerto Rico.

Electrical infrastructure projects may include components such as fossil fuel electrical power generation and cogeneration; solar photovoltaic power generation; power distribution, switching, and protective devices; and microgrid communications and control systems. Water infrastructure projects may include components such as water distribution lines, water purification systems, water storage tanks, and smart water grids.

This ERCIP MATOC award strengthens PMSI’s position within the federal market and enables PMSI to continue supporting USACE’s mission-critical energy and utility infrastructure programs nationwide.

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.