Tutor Perini scores 4 new civil contracts worth $774M total
- California-based contractor Tutor Perini announced on Tuesday that it has secured contracts for four infrastructure projects worth a total of $774 million.
- The projects include an Interstate 74 twin-bridge replacement that will connect Iowa and Illinois ($322.7 million), a storage yard in New York ($291.5 million), a bridge renovation in New York ($82.2 million) and highway improvements in Maryland ($77.9 million).
- The projects range from straight, hard-bid contracts to design-build services. The company is also one of the main contractors for the California High Speed Rail Authority's $64 billion bullet train project that will eventually connect Southern California with Northern California by a three-hour trip.
Tutor Perini's subsidiary Lunda Construction will take on the Illinoi-Iowa bridge project, but Tutor Perini will be the contractor of record on the other three, which includes design-build services on the Henry Hudson Bridge project for the Metropolitan Transportation Authority.
The latest New York state budget expands the use of design-build to all state agencies but excludes New York City, despite proponents' claims that the method can deliver projects on budget and ahead of schedule. City design-build projects are determined on a case-by-case basis.
Earlier this year, Tutor Perini, along with its joint venture partner O&G Industries, also won the $1.4 billion contract to build the second phase of the Purple Line extension in Los Angeles. The 2.59-mile-long line is scheduled to open in 2025.
Perhaps Tutor Perini's most high-profile project currently underway — both for scope and for the public controversy the project has drawn — is the California bullet train. The high-speed rail has had to overcome logistical and financing hurdles since its early days, and delays in land acquisition by the California High Speed Rail Authority has resulted in about $60 million in change orders thus far.
The project's latest challenge has been brought by state Republicans who are trying to block funding for the electrification of a rail segment that the bullet train will one day use. The CHSRA wanted to use a portion of the original $10 billion voter-approved bond to pay for part of the electrification, but critics filed a lawsuit trying to prevent that work, claiming that it wasn't in the scope of work presented in the original bond. The Federal Transit Administration has also delayed a $647 million grant for the electrification project.
Despite those battles, California initiated a $1.25 billion taxable bond sale last month to help pay for bullet train construction. This marked the first time that officials have tapped that funding source.
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