Tutor Perini Announces $1.66B Contract And Notice To Proceed For City Center Guideway And Stations Project In Honolulu
Portfolio Pulse from Benzinga Newsdesk
Tutor Perini has secured a $1.66 billion contract for the City Center Guideway and Stations Project in Honolulu, involving the design and construction of six rail stations and three miles of elevated rail guideway. Project design starts immediately, with construction beginning in the second half of 2025 and completion expected by 2030.
October 08, 2024 | 4:09 pm
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Tutor Perini has been awarded a significant $1.66 billion contract for a major infrastructure project in Honolulu, which will likely boost its revenues and project pipeline.
The $1.66 billion contract is a substantial addition to Tutor Perini's project portfolio, likely enhancing its revenue stream and market position. The long-term nature of the project provides stability and visibility into future earnings.
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