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Tutor Perini Building Corp. Awarded $82 Million Construction Contract from the Gila River Indian Community


SYLMAR, Calif.--(BUSINESS WIRE)--May. 10, 2012-- Tutor Perini Corporation (NYSE: TPC) a leading civil and building construction company, today announced that its subsidiary, Tutor Perini Building Corp., formerly known as Perini Building Company, was awarded a construction contract with the Gila River Indian Community to build Vee Quiva Casino & Hotel in Laveen, Arizona, which is near Phoenix.

The project includes a 178,000-square foot single-story structure with 70,000 square feet of gaming and five restaurants, in addition to a three-story, 90-room hotel and exterior pool area. Tutor Perini is also responsible for constructing a cast-in-place, four-story 1,000-car parking garage, as well as landscaping and site improvements for the 70-acre property. Vee Quiva Casino & Hotel is scheduled to open in 2013.

"This is an exciting project and we are thrilled to be working with the Gila River Indian Community. As one of the largest builders of hospitality and gaming projects in the nation, we anticipate a seamless process. We are also pleased to be working with the Friedmutter Group, the project architect. Tutor Perini and Freidmutter have worked together since 1994 on a number of major resort and casino projects," said  Ken Schacherbauer , vice president of Tutor Perini Building Corp.

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.

We offer general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including excavation, concrete forming and placement, steel erection, electrical and mechanical services, plumbing and HVAC. We are known for our major complex building project commitments as well as our capacity to perform large and complex transportation and heavy civil construction for government agencies and private clients throughout the world.

Tutor Perini Corporation website:

Source: Tutor Perini Corporation

Kekst and Company
Douglas Kiker, 212-521-4800
Tutor Perini Corporation
Mike Kershaw, 818-362-8391
Executive Vice President & Chief Financial Officer

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