Market Overview

Frontier-Kemper Announces $121 Million Low Bid for Los Angeles County Department of Water and Power Tunneling Project


Tutor Perini Corporation (NYSE:TPC), a leading civil, building and
specialty construction company, today announced that its subsidiary,
Frontier-Kemper Constructors, has been identified by the Los Angeles
County Department of Water and Power as the low bidder for the $121
million River Supply Conduit Improvement Upper Reach – Unit 7 Project
(RSC Unit 7). The project was bid earlier this year, with
Frontier-Kemper providing the low bid. The customer subsequently opted
to re-bid the project, and Frontier-Kemper was again designated as the
low bidder.

The project is funded by the Drinking Water State Revolving Fund,
administered by the United States Environmental Protection Agency and
the State Water Resources Control Board. The scope of work involves
installation of approximately 13,260 lineal feet of 78-inch welded steel
water line (WSWL), 11,810 lineal feet installed inside a tunnel shored
with bolted and gasketed pre-cast concrete tunnel segments.
Approximately 490 lineal feet of microtunnel for 78-inch WSWL and
approximately 960 lineal feet of 78-inch WSWL will be installed by
cut-and-cover methods.

Work is expected to commence in October 2018 with substantial completion
anticipated in December 2021. The contract value is expected to be
included in the Company's third quarter 2018 backlog.

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.

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