Lunda Construction Awarded $130 Million Highway 41 DePere-Suamico Contract

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.

Copyright Business Wire 2010

If you liked this article you might like

These Stocks Could Soar if and When Trump's Infrastructure Package Becomes a Reality

The Infrastructure Rally Was Overdone

This Infrastructure Rally Is Overblown

Buying Infrastructure Stocks Makes Little Sense, Valuation-Wise

How to Invest in Trump World