Perini Management Services, Inc. Awarded $47 Million Project for New Visitor Center in Everglades National Park, FL

Rhea-AI Summary

Tutor Perini Corp awarded $47 million project by National Park Service for construction of visitor center in Everglades National Park

Positive

• Tutor Perini Corp awarded $47 million project

Negative

• None.

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc., has been awarded a fixed-price project valued at approximately $47 million by the National Park Service for the construction of the Marjory Stoneman Douglas Visitor Center in Everglades National Park, Florida. This design-bid-build contract includes construction of the new two-story visitor center, a one-story remote concessions and storage building, underground utilities and major site improvements. The project also includes demolishing portions of the existing bulkhead and providing a new bulkhead at the marina and along the waterfront. Dredging of the Chokoloskee Bay and replacing existing floating docks with a new floating dock system with accessible ramps is also part of the scope of the project. The substantial sitework associated with the new visitor center will ensure that the roads and parking areas are elevated above the king tide levels.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230919290862/en/

Rendering of the new Marjory Stoneman Douglas Visitor Center (Courtesy of CROFT & Associates, Inc.)

Preconstruction activities are underway and site mobilization is expected in early October. Substantial completion is anticipated in August 2025. The contract value will be included in the Company’s third-quarter 2023 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230919290862/en/

Tutor Perini Corporation

Jorge Casado, 818-362-8391

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

Source: Tutor Perini Corporation