Tutor Perini Subsidiary Receives 10-Year U.S, Army Corps Of Engineers' Construction Multiple-Award Task Order Contract Of $2B Shared Capacity

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 ("USACE"), Louisville District. The contract provides a shared capacity of $2 billion over 10 years (a three-year base period and seven one-year option periods) for design-build and design-bid-build construction services supporting the Energy Resilience and Conservation Investment Program ("ERCIP") nationwide.