Lunda Construction Awarded $61 Million Wisconsin Highway Contract

August 22, 2013

SYLMAR, Calif.--(BUSINESS WIRE)--Aug. 22, 2013-- Tutor Perini Corporation (NYSE:TPC), a leading civil and building construction company, today announced that its subsidiary, Lunda Construction Company, has been awarded a contract by the Wisconsin Department of Transportation (WisDOT) for construction of the DePere-Suamico, Memorial Drive – CTH M, IH 43 Early Structures/Early Fill, USH 41 Project near Green Bay, Wisconsin. The contract is valued at approximately $61 million.

The project’s scope of work includes the construction of five new bridges, four retaining walls, and related grading and storm sewer work. Construction is expected to begin in September 2013 with substantial completion expected in May 2015.

The contract value is expected to be included as part of the Company’s reported third-quarter backlog.