Perini Management Services, Inc. Awarded $81.8 Million U.S. Coast Guard Family Housing Project in Kodiak, AK

Tutor Perini (NYSE:TPC) announced that subsidiary Perini Management Services received an approximately $81.8 million U.S. Coast Guard contract for Family Housing Phase IV and an Aviation Hill water tank at USCG Base Kodiak, Alaska.

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05/27/2026 - 04:40 PM EDT

FRAMINGHAM, Mass.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a contract valued at approximately $81.8 million by the U.S. Coast Guard (USCG), for the design and construction of the Family Housing Phase IV and Aviation Hill Water Tank at Nemetz Park Site, USCG Base Kodiak in Alaska.

The project scope of work includes design and construction of 30 family housing units (20 three-bedroom and 10 four-bedroom units) in 15 duplex configurations. The project includes demolition, utilities, roads, sidewalks, and other site improvements. The project also includes the replacement of the existing 653,800-gallon Aviation Hill water storage tank and associated tie-ins to the Base Kodiak water system to support fire protection and domestic water services.

Work is expected to begin immediately with substantial completion anticipated in November 2028. The contract value will be added to the Company’s backlog in 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.