Hudson Yards - Multiple Projects - New York, NY - Total $2.3 Billion

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Tutor Perini Announces Pending Award for St. Croix Crossing Bridge Superstructure and Award of Ordot Dump Closure Contract

11/04/13
Tutor Perini Announces Pending Award for St. Croix Crossing Bridge Superstructure and Award of Ordot Dump Closure Contract

SYLMAR, Calif.--(BUSINESS WIRE)--Nov. 4, 2013--Tutor Perini Corporation(NYSE: TPC), a leading civil and building construction company, today announced that the joint venture between its subsidiary,Lunda Construction Company, andAmes Construction, Inc., has been identified by theMinnesota and Wisconsin Departments of Transportationas the low bidder for theSt. Croix Crossing BridgeSuperstructure project. The joint venture’s bid was approximately$380 million, which includes a time component amount that will be excluded from the contract value. The contact is expected to be awarded by the end of November.Tutor Perinianticipates booking its portion of the contract value into the Company’s backlog in the fourth quarter.

The scope of work for the project includes construction of the main river bridge superstructure, two ramp bridges betweenHighway 95and the river crossing (north and south of the main bridge), theHighway 36box girder approach bridge, and the connecting structure between the river bridge and theHighway 36approach bridge.

Work on the project is expected to begin inDecember 2013and substantial completion is expected by the fall of 2016.

Separately, onNovember 1, 2013, the Company was awarded the contract for the previously announced$40.9 millionOrdot Dump Closure Construction & Dero Road Sewer Improvementsproject. The value of this award will be included in the Company’s reported fourth-quarter backlog.

AboutTutor Perini Corporation

Tutor Perini Corporationis a leading civil and building 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.

Source:Tutor Perini Corporation

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Director, Investor Relations
www.tutorperini.com

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