NEW YORK--(BUSINESS WIRE)--
Tutor Perini Corporation (NYSE: TPC), a leading civil and building
construction company, today announced that it is being awarded a
contract by Related Companies valued at approximately $60 million for
construction of a replacement Maintenance of Equipment (MOE) building at
the Hudson Yards site in New York, in connection with the Company’s
previously announced Amtrak Tunnel project.
As part of the work under the Amtrak Tunnel project, the previous MOE
building at the site required demolition. Under this contract, the
Company will construct a new 62,000 square-foot MOE building, which will
be used to service and maintain train rail cars and other railroad
equipment. Construction is expected to begin in the third quarter of
2014 and be substantially completed in the fourth quarter of 2015.
The Company expects to book the contract value into backlog in the first
quarter of 2014.
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