LOS ANGELES--(BUSINESS WIRE)--
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and
specialty construction company, today announced two new projects
collectively valued at approximately $71 million for Black Construction
Corporation (BCC), the Company’s Guam-based subsidiary. BCC is the
largest and longest-serving general contracting company in Guam and
provides comprehensive construction services throughout the Western
Pacific region. Details about these new projects are provided below.
Route 3 Widening Project
Owner: Guam Department of Public
Works, Highways Division / Contract Value: approx. $44 million
BCC is being awarded a contract to widen Route 3 between Route 28 and
Chalan Kareta. Work will entail reconstructing and widening Route 3 from
the current two-lane bidirectional roadway to a widened four-lane
highway (two lanes in each direction plus a median lane). The project
will be approximately 2.8 miles in length and the scope of work will
include new and upgraded pavement structural sections, grading,
drainage, retaining walls, sidewalks, a pedestrian path, signalized
intersections including lighting, utility relocations, guardrail,
pavement markings, and other features. Construction is expected to begin
in October 2017 with substantial completion anticipated in the fourth
quarter of 2019. The contract value is expected to be included in the
Company’s reported third quarter 2017 backlog.
Wharf Refueling Capability Improvements, Diego Garcia
Owner:
U.S. Naval Facilities Engineering Command / Contract Value: approx. $27
million
BCC was awarded a contract for the construction of new pipelines from
the main pump house at the Diego Garcia Wharf to the Deep Draft Wharf,
as well as construction of new fuel pits, including the expansion of the
existing main pump house, new pumps, filters, motors and control
systems. Construction is expected to begin in April 2018 after initial
mobilization, with substantial completion expected in the third quarter
of 2019. The contract value is included in the Company’s second quarter
2017 backlog.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil, building and specialty
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.
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Source: Tutor Perini Corporation