WDF Announces Low Bid for $172 Million Sandy Recovery Program Restoration Project

NEW YORK--()--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its mechanical subsidiary, WDF Inc., has been identified by the New York City Housing Authority as the low bidder for the Sandy Recovery Program Restoration at Baruch Houses. The anticipated contract value is approximately $172.2 million.

The project scope of work includes both restoration and infrastructure improvements to the Baruch Housing complex, which consists of 18 buildings spread over a three-city-block footprint. Upgrades include renovations to heating plants for all 18 buildings with new equipment and high pressure steam, flood elimination systems and upgrades to sewer/storm management systems. Exterior upgrades include new storm-tight emergency generator enclosures with dedicated gas service, new roadways, sidewalks and green spaces. Architectural improvements include the rehabilitation of building entrances, lobbies and storm-damaged portions of all buildings. Work on the project is expected to commence in the spring of 2018 with substantial completion anticipated by mid-2021.

About WDF, Inc.

WDF is one of the largest full-service specialty contractors in the New York metropolitan region and has provided services to many of the country’s leading owners and developers, construction managers and leading institutions for more than 80 years. WDF’s building group has and continues to provide general contracting services to all major state and city agencies. In-house services include plumbing, heating, ventilation and air conditioning (HVAC), and fire protection. WDF delivers quality projects on time, on budget and with strict attention to safety.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

Contacts

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Vice President, Investor Relations & Corporate Communications
www.tutorperini.com

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