Fisk Electric Awarded $26.9 Million Electrical Renovation Project

Key Terms

5kV switchgear technical

5 kV switchgear is electrical equipment designed to control, protect, and isolate power circuits that operate at nominal voltages around five kilovolts (about 5,000 volts). Think of it as a traffic-control center for medium‑voltage electricity: it routes power, prevents faults from spreading, and allows safe maintenance. For investors, its presence can affect a company’s operational reliability, maintenance and capital costs, regulatory compliance, and exposure to power-related risks.

bus riser system technical

A bus riser system is a building electrical distribution assembly that carries high-current power vertically between floors, like an elevator shaft for electricity. It groups conductive bars or insulated busways inside a protected enclosure to move large amounts of power safely and efficiently to switchgear, panels, and major equipment. Investors care because it affects construction and maintenance costs, building safety, capacity for future electrical loads, and compliance with electrical codes—all factors that influence project budgets and asset value.

life safety technical

Life safety is the set of systems, equipment and procedures designed to protect people from immediate harm during emergencies, such as fires, structural failures, chemical releases or medical crises. It covers things like alarms, sprinklers, emergency lighting, evacuation plans and critical medical devices; for investors it matters because compliance and performance of life-safety measures affect regulatory approvals, legal liability, operating continuity and public reputation—similar to how a seatbelt or sprinkler helps prevent harm in a crash or fire.

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LOS ANGELES--(BUSINESS WIRE)--

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk”), has been awarded an electrical renovation project valued at approximately $26.9 million by a confidential customer for a healthcare facility in Houston, Texas.

The project encompasses the modernization of the facility’s electrical distribution systems supporting its normal, life safety, and emergency power operations—critical systems essential to uninterrupted patient care and facility operations. The scope of work includes the replacement of 5kV switchgear located in the basement and penthouse levels, installation of new 480-volt and 208-volt switchboards, and the implementation of a new bus riser system serving levels 7 through the penthouse. All work is being performed in an active healthcare environment, requiring detailed coordination, phased execution, and strict adherence to hospital safety and operational protocols.

Construction is currently underway and substantial completion is anticipated in April 2027. The contract value will be reflected in the Company’s backlog for the second quarter of 2026.

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 customers 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 safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260720379780/en/

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Senior Vice President, Investor Relations and Corporate Communications
www.tutorperini.com

Source: Tutor Perini Corporation