LOS ANGELES--(BUSINESS WIRE)--
Tutor Perini Corporation (NYSE: TPC), a leading civil, building and
specialty construction company, today announced that the Board of
Directors of the Los Angeles County Metropolitan Transportation
Authority has approved the award of a $410 million contract to the
Frontier-Kemper/Tutor Perini Joint Venture for the Purple Line Extension
Section 3 Tunnels Project. The project involves the design and
construction of twin bored tunnels for future Purple Line subway service
spanning approximately 2.6 miles between Century City and the VA
Hospital in Westwood. The subway extension will provide a high-capacity,
high-speed, dependable transit alternative for those traveling to and
from Los Angeles’ Westside.
Work is expected to commence in the next 90 days with substantial
completion anticipated in the fourth quarter of 2022. The contract value
will be included in the Company’s second quarter 2018 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