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News Breaks
May 21, 2014
07:30 EDTPRIMPrimoris announces new underground contract work valued at $200M
Primoris Services Corporation announced a new contract award from a large Southern California utility customer totaling $200M. The new contract was secured by Primoris Services’ Underground division of ARB Inc., a Primoris subsidiary and part of the West Construction Services segment. The work will commence in June of 2014 and run through December of 2016. The award is for two of the five regions of the utility’s PSEP Performance Partnership program. The two regions awarded to ARB are the largest of the five from a spend perspective, with a total estimated combined spend of $200M on a reimbursable target price. The majority of the work is class upgrades, either hydrotesting to a higher pressure or replacing existing lines with newer, stronger pipes.
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June 23, 2015
07:35 EDTPRIMPrimoris announces industrial award valued at over $200M
Primoris Services Corporation announced a new award for a California power plant valued in excess of $200M. The new contract was secured by the industrial division of ARB, a Primoris subsidiary and part of the West Construction Services segment. Work is scheduled to commence in the third quarter of 2015 and to be complete in the fourth quarter of 2017. The award is from a major independent power producer for a 500 megawatt natural gas-fired simple cycle power plant north of San Diego, California. ARB is the lead in a joint venture with Kansas City-based Burns & McDonnell Engineering Company, Inc. The JV will provide engineering, procurement, construction, start-up and commissioning services for this repowering project. The three existing steam boiler units 1, 2, and 3 of the adjacent power plant will be retired upon successful commercial operation of the new facility.
June 22, 2015
07:35 EDTPRIMPrimoris announces underground awards valued at $13M
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