Tutor Perini Corp TPC:NYSE

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Tutor Perini Unit Lands $34 Million Task Orders For Marine Corps Buildings' Renovations

6:52AM ET 7/08/2020 MT Newswires
Tutor Perini's (TPC) Perini Management Services unit has secured two fixed-price task orders, with a total value of about $34 million, from the Mid-Atlantic District's Naval Facilities Engineering Command for certain work at the Marine Corps Base Camp Lejeune in North Carolina.

The first $22.8 million task order is a 900-day, design-build project that includes renovation of three buildings, while the second is a design-build project for fire station facilities covering the renovation of two buildings. Tutor Perini said the second contract is estimated to last 730 days and is valued at $11.2 million. The contract values were logged under the company's Q2 backlog.

Price: 11.66, Change: -0.25, Percent Change: -2.10