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Stock impact report

Tutor Perini-Nan JV Awarded Additional $232 Million for the Apra Harbor Waterfront Repairs Project for a Total Awarded Value of $563 Million

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that the Tutor Perini-Nan Joint Venture has been awarded several options by the Naval Facilities Engineering Systems Command, Marianas, for additional scope of work on the previously announced Apra Harbor Waterfront Repairs Project in Guam. The additional scope options are valued at approximately $232 million, bringing the total contract value of the project to approximately $563 million.This is a design-build construction project to repair the Apra Harbor’s Glass Breakwater and restore and modernize waterfront areas that have been physically eroded and damaged from storms, including the recent Typhoon Mawar in May 2023. The project scope of work now includes repairs to various sections of the Glass Breakwater to minimize future breaching potential of the breakwater, as well as shoreline repairs to the inner harbor. Tutor Show less Read more
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