LOS ANGELES--(BUSINESS WIRE)--
Tutor Perini Corporation (NYSE: TPC), a leading civil and building
construction company, announced today that it has been awarded a
contract by the Virginia Department of Transportation for the Route 264
Interchange Improvements Project in Norfolk, Virginia. The contract
value is approximately $107 million. The project scope of work includes
widening the existing I-64/Route 264 Interchange ramp connectors,
construction of four new bridges, a creek realignment and installation
of related structures.
This project represents the Company’s second highway construction
project in the region and is located approximately 10 miles south of the
current I-564 Intermodal Connector design-build project, which began
construction in 2014.
Construction is underway and substantial completion is anticipated by
October 2019. The contract value will be included in the Company’s
reported third 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161017005241/en/
Source: Tutor Perini Corporation