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

Rudolph and Sletten Announces New Awards Valued at $490 Million

01/26/2016

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, announced today that its California building subsidiary, Rudolph and Sletten, has been awarded the following projects collectively valued at approximately $490 million. To date since the time of the awards, the Company has booked approximately $182 million into backlog, and the remaining contract amounts are expected to be booked into backlog in phases as each project progresses.

Concrete Package for Iconic Shopping Center Expansion in San Diego

As part of a complete transformation of a prominent San Diego shopping center, Rudolph and Sletten was awarded the concrete package valued at $58 million. The mall-level shopping experience will be expanded west, above structured parking on a podium. The structural cast-in-place concrete parking structure includes 584,000 square-feet of slab-on-grade; another 500,000 square-feet of concrete over metal deck, shear walls, retaining walls and shotcrete walls; and 1,000,000 square-feet of elevated concrete decks and columns. Rudolph and Sletten's self-performed concrete work includes all foundations, walls, slabs-on-grade and concrete over a metal deck. Work is currently underway and is expected to complete in late 2016.

UC San Diego Health Services, Outpatient Services Pavilion

Rudolph and Sletten recently broke ground on the $78 million Outpatient Services Pavilion on the University of California, San Diego (UCSD) campus in La Jolla, California, designed by CO Architects of Los Angeles. The 145,000-square-foot building will be built on a 3.5-acre site on UCSD’s East Campus. The four-story structure will have one story fully-to-partially below grade with a connection to the adjacent Perlman Ambulatory Care Unit.

Planned to consolidate and centralize outpatient surgical services, the Pavilion will also provide support services for the nearby Jacobs Medical Center. Programs at the newest addition to the UCSD health complex will include ambulatory surgery, outpatient imaging, physical and occupational therapy, rehabilitation, pharmacy, and disease-specific centers for pain, urology, musculoskeletal, breast, apheresis and stem cell treatments. The project is targeting a minimum rating of LEED Silver as well as outperforming energy requirements by 20 percent.

New Medical Office Building and Parking Structure to Expand Healthcare Services in the Bay Area

This 239,000-square-foot project will replace a portion of an existing medical facility, increasing the outpatient services available to area residents. The seven-story facility will provide 110,000 square-feet of medical office space, 129,000 square-feet of outpatient and administrative support and an adjacent, four-level parking structure with approximately 390 parking spaces. The project is scheduled to break ground in late spring of 2016 with anticipated completion in late 2017.

Lawrence Berkeley National Laboratory, Integrative Genomics Building (IGB)

Rudolph and Sletten is scheduled to break ground on this 80,000-square-foot laboratory research and office building in the summer of 2016. The IGB will be a state-of-the-art laboratory designed to accommodate 300+ occupants with wet and dry laboratory space, office space for researchers and program managers, a computation center and warm and cold rooms for research. The project is pursuing LEED Gold certification. The IGB is intended to accommodate two existing Department of Energy research programs currently residing in off-site leased space: The Joint Genome Institute (JGI) in Walnut Creek, California, and the Systems Biology Knowledgebase (KBase) in Emeryville, California. Consolidating existing biosciences research in the IGB will increase resource efficiencies and scientific synergies for the JGI and KBase programs.

Solano Community CollegeBiotechnology and Science Building

Rudolph and Sletten has partnered with SmithGroupJJR on this design-build academic building scheduled to break ground in early summer of 2016 in Vacaville, California. The 33,310-sqaure-foot single-story Biotechnology & Science Building will have a biotechnology suite consisting of four laboratories with anterooms, prep spaces, clean rooms and a viewing gallery. This suite will serve Solano Community College in their new Biotechnology Bachelor of Science degree program, and was conceived in conjunction with Solano biotech partner Genentech. Also included are two biology labs with a connecting prep space, an anatomy lab with dry and wet work areas and storage, a chemistry lab with storage and prep spaces, faculty offices and student interactive spaces. The new state-of-the-art building will tie into the existing Vacaville Center Classroom building to promote interaction among the students.

Southwestern College – Math, Science and Engineering Building

Currently underway with preconstruction services, the two-story, 103,000-square-foot academic building will include 21 classrooms and 16 labs for physical science, life science and math and engineering programs, as well as administrative space, faculty offices and meeting rooms. The new facility will provide modern facilities for the MSE disciplines, as well as consolidate departments and classes currently housed in five separate buildings on campus. Rudolph and Sletten is scheduled to begin demolition activities on the estimated $60 million project in the summer of 2016.

About Tutor Perini Corporation

Tutor Perini Corporation is 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

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

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