Tutor Perini's Fisk Electric Awarded First Phase Of The $147M Electrical Contract For A New Harris Health Hospital In Northeast Harris County, Texas
Portfolio Pulse from Benzinga Newsdesk
Tutor Perini's subsidiary, Fisk Electric, has been awarded the first phase of a $147 million electrical contract for a new Harris Health hospital in Texas. The initial phase is valued at $29 million, with work starting in Q4 2024 and completion expected by Q4 2028.
October 03, 2024 | 3:49 pm
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Tutor Perini's subsidiary, Fisk Electric, has secured a significant contract for a new hospital project in Texas, potentially boosting future revenues.
The award of the first phase of a $147 million contract to Fisk Electric, a subsidiary of Tutor Perini, is a positive development. It indicates potential future revenue growth and strengthens the company's project portfolio. The substantial size of the contract and its long-term nature (completion by Q4 2028) suggest a stable revenue stream over the coming years.
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