Market Overview

Tutor Perini Building Corp. Announces $42.7 Million Ft. Lauderdale Terminal 4 Federal Inspection Services Facility Expansion Project


Tutor Perini Corporation (NYSE:TPC), a leading civil, building and
specialty construction company, today announced that its subsidiary,
Tutor Perini Building Corp., has been awarded a contract valued at
approximately $42.7 million by the Broward County Board of County
Commissioners for the Terminal 4 Federal Inspection Services (FIS)
Facility Task 2B and 3 Expansion project at the Fort
Lauderdale-Hollywood International Airport (FLL). The project consists
of the renovation and expansion of existing areas of the FIS at
Terminal 4, including construction of the FIS Phase 2B Bag Hall
expansion, the Task 3 multi-phased demolition and renovation of the
Automated Passport Control Hall, the Primary Hall and the Secondary
Inspection Hall, FIS control rooms, staff offices, equipment rooms,
storage, interview rooms, kennel facilities and restrooms. Tutor Perini
Building Corp. has enjoyed a successful history of work on various other
projects at FLL over the past 30 years, including the Terminal 4 Western
Expansion, the original Terminal 4 FIS facility, a runway expansion and
elevation, and various concourse, parking garage and rental car facility

Work is expected to begin in the fourth quarter of 2018 with substantial
completion anticipated in late 2019. The contract value has been
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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