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Tutor Perini's Fisk Electric Secures $99M Contract For Harris Health Hospital Expansion

Benzinga·04/30/2025 20:31:07
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Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company ("Fisk Electric"), has been awarded the second phase (valued at approximately $99 million) of a guaranteed maximum price contract currently valued at approximately $166 million for electrical services for the previously announced new Harris Health hospital project on the Lyndon B. Johnson Hospital campus in Houston, Texas. Fisk Electric's scope of work includes the core and shell and tenant finish-out electrical and fire alarm components for the ground-up construction of the new hospital tower and podium. Work on the first phase began in the fourth quarter of 2024, work on the second phase started in March 2025, and substantial completion of the entire electrical contract is anticipated in the fourth quarter of 2028.