Perini Management Services, Inc. Wins $85 Million U.S. Coast Guard Family Housing Project in Kodiak, AK

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil engineering, construction and specialty company, today announced that its subsidiary, Perini Management Services, Inc., has is awarded an order valued at approximately $85 million by the United States Coast Guard (USCG), for the design and construction of PMQs at the Nemetz Park site, USCG Base Kodiak, Kodiak , in Alaska. The scope of work for the project includes the construction of 50 family units (38 three-bedroom units and 12 four-bedroom units) in 25 duplex configurations. The project also includes demolition, utilities, roads, sidewalks and other site improvements. The work will be staggered to allow for a gradual rotation of the dwellings with a view to advantageous occupancy.

Work is expected to begin immediately with substantial completion expected in the third quarter of 2025. The value of the contract will be included in the company’s backlog in the second quarter of 2022.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, construction and specialty company providing diversified general contracting and design-build services to private clients and public bodies worldwide. We have been providing construction services since 1894 and have established a strong reputation in our markets by delivering large, complex projects on time and on budget while adhering to strict quality control measures.

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