Tutor Perini's Subsidiary Lunda Construction Awarded $53.6M Kellogg/3rd Street Bridge Replacement Project By City Of St. Paul; Construction Begins Q3 2024, Completion Expected Fall 2027
Portfolio Pulse from Benzinga Newsdesk
Tutor Perini's subsidiary, Lunda Construction, has been awarded a $53.6 million contract for the Kellogg/3rd Street Bridge replacement project by the City of St. Paul. Construction is set to begin in Q3 2024 and is expected to be completed by Fall 2027.
June 20, 2024 | 6:35 pm
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Tutor Perini's subsidiary, Lunda Construction, has been awarded a $53.6 million contract for a bridge replacement project in St. Paul. This contract is likely to boost the company's revenue and strengthen its market position.
The $53.6 million contract will likely have a positive impact on Tutor Perini's revenue streams and market position. The long-term nature of the project provides sustained revenue over several years.
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