Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its subsidiary, Lunda Construction Company, has been awarded a contract by the Wisconsin Department of Transportation (WisDOT) to construct the Highway 41 DePere-Suamico Morris Avenue-Memorial Drive and Morris Avenue-Ninth Street Mainline Project near Green Bay, Wisconsin. The contract is valued at approximately $130 million.
The project, which is part of WisDOT’s Six Year Highway Improvement Program, will provide expanded traffic capacity through improved interchanges and additional lanes and roundabouts. The scope of work includes the construction of 19 bridges, 22 retaining walls, 7 noise barriers, and 26 sign structures, including related grading, storm sewer, pavement, and traffic signal work. Construction is expected to begin in August 2013 with substantial completion expected in mid-2016.
The contract value is expected to be included as part of 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.