Tutor Perini Subsidiary Awarded $116 Million Contract for I-35E Cayuga Bridge Project
SYLMAR, Calif.--(BUSINESS WIRE)-- Tutor Perini Corporation (NYS: TPC) , a leading civil and building construction company, today announced that its Civil Group subsidiary, Lunda Construction Company, in a joint venture with Shafer Contracting, has been awarded a $116 million contract by the Minnesota Department of Transportation for the I-35E Cayuga Bridge Project in St. Paul, Minnesota.
The project includes updating two urban interstate interchanges, adding an additional interchange, and reconstructing a two-mile segment of Interstate I-35E in St. Paul, Minnesota. The project scope also includes the construction of 11 new bridges, multiple retaining walls, utilities, grading, signing, and pavement along the corridor. The Cayuga Project is a major transportation infrastructure project in MnDOT's Metro District which will improve safety and operational concerns along the Interstate I-35E corridor.
The project is expected to begin in January 2013 with final completion anticipated in October 2015.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil and building 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.
Tutor Perini Corporation
Jorge Casado, 818-362-8391
Director, Investor Relations
Kekst and Company
Douglas Kiker, 212-521-4800
KEYWORDS: United States North America California Minnesota
The article Tutor Perini Subsidiary Awarded $116 Million Contract for I-35E Cayuga Bridge Project originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.