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This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Tutor Perini Awarded $253 Million Culver Line Communications-Based Train Control Project

February 21, 2019

NEW YORK--(BUSINESS WIRE)--Feb 21, 2019--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that the Company was been awarded a contract valued at approximately $253 million by MTA New York City Transit (NYCT) for the Culver Line Communications-Based Train Control (CBTC) Project. The project scope of work consists of the complete CBTC signal system overlay on NYCT’s Culver Line between West 8th Street and Church Avenue in the borough of Brooklyn, New York, including signal system modernization for the Avenue X and Ditmas Avenue interlockings, trackwork and construction of three relay room buildings. The Company’s electrical subsidiary, Five Star Electric, will perform a significant portion of the work on this project under a subcontract.

Work is expected to commence in the first quarter of 2019 with substantial completion anticipated in mid-2022. The contract value will be included in the Company’s first quarter 2019 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190221005318/en/

CONTACT: Tutor Perini Corporation

Jorge Casado, 818-362-8391

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TRANSPORT RAIL PUBLIC TRANSPORT MANUFACTURING ENGINEERING URBAN PLANNING CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY

SOURCE: Tutor Perini Corporation

Copyright Business Wire 2019.

PUB: 02/21/2019 06:00 AM/DISC: 02/21/2019 06:01 AM

http://www.businesswire.com/news/home/20190221005318/en