Market Overview

Tutor Perini Announces Low Bid for the $189 Million Canton Viaduct Replacement Project


Tutor Perini Corporation (NYSE:TPC), a leading civil, building and
specialty construction company, today announced that the Company has
been identified by the Maryland Transportation Authority as the low
bidder for the Replacement of the Canton Viaduct I-895 Over I-95 Ramps,
Railroads and City Streets and Rehabilitation of the Baltimore Harbor
Tunnel and Tunnel Approaches. The anticipated contract value is
approximately $189.4 million, and contract award is expected later in
the fourth quarter of 2017.

The project scope of work includes the removal and replacement of an
approximately 3,200-foot-long bridge structure on the north side of the
Baltimore Harbor Tunnel, as well as tunnel rehabilitation. Work on the
project is expected to commence in March 2018 with substantial
completion anticipated by June 2021.

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 Comments and Join the Discussion!