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December 17, 2009

Perini Management Services Inc. receives Multiple Award Task Order Contract (MATOC) from the Department of the Interior


Sylmar, Calif. Tutor Perini Corporation (NYSE: TPC), a leading civil and building construction company, today announced that its subsidiary, Perini Management Services, Inc., has been awarded a Multiple Award Task Order Contract (MATOC) for comprehensive technical design-build and construction services for all U.S. Fish and Wildlife Service (USFWS) Regional and Central Offices and other Bureaus within the Department of the Interior (DOI). The contract ceiling is $2 Billion dollars, to be shared by six awardees. Each of the six individual MATOC awards has a maximum value of $400 Million dollars over the contract period, which includes one base and four option years.


Perini Management Services, Inc. (PMSI) is one of three contractors selected for provision of services primarily within the Eastern Half of the United States. The contract also potentially allows for the opportunity to compete with all six contractors for complex projects throughout the continental United States and its territories. The contract vehicle is available to all bureaus within the DOI, which includes the U.S. Fish and Wildlife Service, National Park Service, Bureau of Reclamation, Bureau of Land Management, Bureau of Indian Affairs and the U.S. Geological Survey.

PMSI specializes in design-build construction for federal agencies and in the management of task order contracts, both within and outside the continental U.S. PMSI has successfully managed nearly $2 billion worth of IDIQ contract task orders for construction over the past 15 years, including work in Puerto Rico, Guam and the U.S. Virgin Islands.

PMSI’s Team for this contract includes Stanley Consultants of Muscatine, Iowa as the lead Architect/Engineer and a number of small business and specialty firms who will provide environmental studies and other resource protection services, as well as historic preservation services.

Ronald Tutor, Chairman and CEO of Tutor Perini, said: “The Corporation is pleased to have this opportunity to contribute to the preservation of our country’s natural, historic, and cultural resources. This program is well suited to our nationwide construction services capabilities.”

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.

We offer general contracting, pre-construction planning and comprehensive project management services, including the planning and scheduling of the manpower, equipment, materials and subcontractors required for a project. We also offer self-performed construction services including excavation, concrete forming and placement, steel erection, electrical and mechanical services, plumbing and HVAC. We are known for our major complex building project commitments as well as our capacity to perform large and complex transportation and heavy civil construction for government agencies and private clients throughout the world.

Tutor Perini Corporation website: http://www.tutorperini.com

Source: Tutor Perini Corporation

Kekst and Company
Douglas Kiker, 212-521-4800
or
Tutor Perini Corporation
Mike Kershaw, 818-362-8391
Executive Vice President & Chief Financial Officer