Tutor Perini awarded two modernization contracts for $225M by MTA NYC Transit Tutor Perini has recently been awarded two signal system modernization contracts by MTA New York City Transit. These two projects totaling $225.5M will rehabilitate and modernize the signal systems at existing interlockings on the Queens Line. Both projects are expected to start this month and completion is expected in Q1 2017.
Tutor Perini lead JV reaches $88.7M settlement with Massachusetts Tutor Perini announced that the Tutor Perini-lead joint venture with partners Kiewit and Jay Cashman has reached an $88.7M settlement with the Commonwealth of Massachusetts on the Central Artery/Tunnel, C11, Project. As this litigation has ensued for 15 years, the company is pleased to finally have both the judgment and an agreement to pay in place. Payment is expected before the end of the year.