{"id":1016335,"date":"2026-11-02T14:01:02","date_gmt":"2026-11-02T19:01:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/perini-management-services-inc-awarded-60-million-recapitalize-south-moorings-and-rebuild-uscg-station-st-petersburg-project\/"},"modified":"2026-11-02T14:01:02","modified_gmt":"2026-11-02T19:01:02","slug":"perini-management-services-inc-awarded-60-million-recapitalize-south-moorings-and-rebuild-uscg-station-st-petersburg-project","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/perini-management-services-inc-awarded-60-million-recapitalize-south-moorings-and-rebuild-uscg-station-st-petersburg-project\/","title":{"rendered":"Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position:inside }\n.bwalignl { text-align: left }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project<\/b><\/p>\n<p>LOS ANGELES&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;Tutor Perini Corporation (NYSE: TPC) (the \u201cCompany\u201d), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (\u201cPMSI\u201d), has been awarded a contract valued at approximately $60 million by the U.S. Coast Guard (\u201cUSCG\u201d) using the accelerated design-build to budget project delivery method for the construction of several facilities and structures at USCG Station St. Petersburg, Florida.<\/p>\n<p>The project spans two areas of work on the south and north sides of the station. The south project (Recapitalize South Moorings) involves constructing five berthing positions to support homeporting of fast response cutters and waterway commerce cutters; upgrading the aid-to-navigation buoy yard; and demolishing several existing facilities. The north project (Station Rebuild) involves demolishing several buildings and structures damaged by Hurricane Helene and constructing a multipurpose training building, watch stander berthing facility, marine maintenance facility, and new single-lane boat ramp.<\/p>\n<p>Design work began in late August 2026, with substantial completion anticipated in May 2028. The contract value will be included in the Company\u2019s backlog reported for the third quarter of 2026.<\/p>\n<p><b>About Tutor Perini Corporation<\/b><\/p>\n<p>Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private customers 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 safety and quality control measures. We offer general contracting, pre-construction planning and comprehensive project management services, and have strong expertise in delivering design-bid-build, design-build, construction management, and public-private partnership (P3) projects. We often self-perform multiple project components, including earthwork, excavation, concrete forming and placement, steel erection, electrical, mechanical, plumbing, heating, ventilation and air conditioning (HVAC), and fire protection.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20261102086976r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20261102086976\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20261102086976\/en\/<\/a><\/span><\/p>\n<p class=\"bwalignl\">Tutor Perini Corporation<br \/>Jorge Casado, 818-362-8391<br \/>Senior Vice President, Investor Relations and Corporate Communications<br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.tutorperini.com&amp;esheet=54633674&amp;newsitemid=20261102086976&amp;lan=en-US&amp;anchor=www.tutorperini.com&amp;index=1&amp;md5=25dd8b1b8319147b445f41be55527630\">www.tutorperini.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California Florida<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Defense Architecture Commercial Building &amp; Real Estate Construction &amp; Property Building Systems Contracts<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20261102086976\/en\/836779\/3\/Tutor_Perini_Corp_CMYK_COLOR_forBWrelease.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Tutor Perini Corporation (NYSE: TPC) (the \u201cCompany\u201d), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (\u201cPMSI\u201d), has been awarded a contract valued at approximately $60 million by the U.S. Coast Guard (\u201cUSCG\u201d) using the accelerated design-build to budget project delivery method for the construction of several facilities and structures at USCG Station St. Petersburg, Florida. The project spans two areas of work on the south and north sides of the station. The south project (Recapitalize South Moorings) involves constructing five berthing positions to support homeporting of fast response cutters and waterway commerce &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/perini-management-services-inc-awarded-60-million-recapitalize-south-moorings-and-rebuild-uscg-station-st-petersburg-project\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1016335","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Perini Management Services, Inc. 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Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project LOS ANGELES&#8211;(BUSINESS WIRE)&#8211;Tutor Perini Corporation (NYSE: TPC) (the \u201cCompany\u201d), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (\u201cPMSI\u201d), has been awarded a contract valued at approximately $60 million by the U.S. Coast Guard (\u201cUSCG\u201d) using the accelerated design-build to budget project delivery method for the construction of several facilities and structures at USCG Station St. Petersburg, Florida. The project spans two areas of work on the south and north sides of the station. The south project (Recapitalize South Moorings) involves constructing five berthing positions to support homeporting of fast response cutters and waterway commerce &hellip; Continue reading &quot;Perini Management Services, Inc. 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