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October 3, 2012

Perini Management Services, Inc. Selected by National Park Service for Earthquake Damage Repairs to the Washington Monument

Sylmar, CA – Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a $9.6 million contract to repair the Washington Monument, which was damaged by an earthquake on August 23, 2011. 

The project was competitively awarded by the National Park Service as a task-order under an existing Department of Interior contract. Perini Management Services specializes in construction projects for the U.S. government and has a well-established performance record of delivering complex construction and design-build projects under multiple award task order contracts (MATOCs).

For this highly visible project on the National Mall and Memorial Park area, PMSI assembled a team of construction specialists who have all worked on previous repairs to the Washington Monument and therefore possess the necessary skills and experience to accomplish this project. The team includes Grunley Construction Company, Inc. of Rockville, MD; Lorton Stone, LLC of Springfield, VA; and Universal Builders Supply, Inc. of Hyattsville, MD.

Robert Band, President of Tutor Perini Corporation and CEO of Perini Management Services said: “Perini Management Services is thrilled to be leading this effort to restore our national icon for the American public and visitors from around the world. We will work closely with the National Park Service to ensure the success of this project.”

About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil and building 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.

Tutor Perini Corporation website:

Source: Tutor Perini Corporation

Tutor Perini Corporation
Jorge Casado, 818-362-8391
Director, Investor Relations


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