Lunda Construction Awarded $61M Wisconsin Highway 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) for construction of the DePere-Suamico, Memorial Drive – CTH M, IH 43 Early Structures/Early Fill, USH 41 Project near Green Bay, Wisconsin. The contract is valued at approximately $61 million.
The project's scope of work includes the construction of five new bridges, four retaining walls, and related grading and storm sewer work. Construction is expected to begin in September 2013 with substantial completion expected in May 2015.
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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.