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

Fisk Electric Awarded $87 Million Transbay Transit Center Contract


SYLMAR, Calif.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its specialty contracting subsidiary, Fisk Electric Co., has been awarded a contract valued at approximately $87 million by Webcor/Obayashi Joint Venture for work on the Transbay Transit Center project in San Francisco, California. The scope of work consists of the installation of all electrical, communications, life safety, fire alarm, security, and integrated network systems. The project owner is the Transbay Joint Powers Authority.

Extending just south of Mission Street from Second to Beale streets, the Transbay Transit Center is a state-of-the-art regional transportation hub containing more than one million square feet that will connect eight Bay Area counties and the State of California through 11 transportation systems: AC Transit, BART, Caltrain, Golden Gate Transit, Greyhound, Muni, SamTrans, WestCAT Lynx, Amtrak, Paratransit, and California’s future High-Speed Rail from San Francisco to Los Angeles/Anaheim.

Work on this project is expected to commence in the first quarter of 2015 with substantial completion expected in the fourth quarter of 2017. The contract value is expected to be included in the Company’s reported fourth-quarter backlog.

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 & Corporate Communications

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