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Perini Management Services, Inc. Awarded $900 Million USACE Middle East District Multiple-Award Task Order Contract

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multiple-award task order contract technical
A multiple-award task order contract is a purchasing framework used by governments or large organizations that pre-qualifies several suppliers to compete for individual work orders over a set period. Think of it like a shop that keeps a short list of trusted vendors and issues specific purchase requests to them as needs arise; for investors, winning a place on such a list can mean steady, predictable revenue but also ongoing competition for each order and dependence on the buyer’s budget and award decisions.
design-bid-build technical
A project delivery method where design is finished first, then contractors compete for the job through bids, and finally the chosen contractor builds the project. Like getting a detailed blueprint, soliciting price quotes, and hiring the lowest suitable bid, it gives investors clearer cost comparisons and contractual separation of design and construction responsibilities. That separation affects schedule predictability, cost risk, and who carries responsibility for design errors—important for forecasting returns and assessing project risk.
airfield aprons technical
Airfield aprons are the paved areas at an airport where aircraft are parked, refueled, loaded or unloaded, and serviced—think of them as the airport’s parking lots and service bays for planes. For investors, apron size, condition and layout matter because they affect how many flights an airport or ground-handling company can handle, influence operating costs, safety and turnaround speed, and can drive revenue from landing fees, parking and ground services, similar to how a busy, well-maintained garage supports more customers.

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 construction multiple-award task order contract (“MATOC”) by the U.S. Army Corps of Engineers, Middle East District. The contract provides a shared capacity of $900 million over seven years (a two-year base period and five one-year options periods) for design-bid-build services in Israel, primarily for the Israeli Ministry of Defense, as well as for other customers with requirements in Israel.

PMSI will compete for task orders under this MATOC, and the scope of services may include maintenance, repairs, alteration, construction, demolition, excavation, site and infrastructure improvements, airfield aprons and pavements, aircraft hangars, utility plants, maintenance facilities, warehouses, and other facilities.

This MATOC award builds on PMSI’s portfolio in the Middle East, which includes successfully executed projects in Iraq, Afghanistan, Saudi Arabia, Pakistan, Lebanon, and Egypt.

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.

Tutor Perini Corporation

Jorge Casado, 818-362-8391

Senior Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

Source: Tutor Perini Corporation

Tutor Perini

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