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 contract valued at approximately $81.8 million by the U.S. Coast Guard (USCG), for the design and construction of the Family Housing Phase IV and Aviation Hill Water Tank at Nemetz Park Site, USCG Base Kodiak in Alaska.

The project scope of work includes design and construction of 30 family housing units (20 three-bedroom and 10 four-bedroom units) in 15 duplex configurations. The project includes demolition, utilities, roads, sidewalks, and other site improvements. The project also includes the replacement of the existing 653,800-gallon Aviation Hill water storage tank and associated tie-ins to the Base Kodiak water system to support fire protection and domestic water services.

Work is expected to begin immediately with substantial completion anticipated in November 2028. The contract value will be added to the Company's backlog in the second quarter of 2026.