Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project
Business Wire•02/11/2026•13:38 ET
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Key Highlights
- ➤PMSI awarded approximately $60 million USCG Station St. Petersburg project
- ➤Project includes five berthing positions for fast response and waterway commerce cutters
- ➤Station rebuild includes training, berthing, maintenance facilities and new boat ramp
- ➤Substantial completion anticipated in May 2028
- ➤Contract value enters Tutor Perini’s third-quarter 2026 backlog
Expert Statements
Jorge Casado, Senior Vice President, Investor Relations and Corporate Communications of Tutor Perini Corporation
“Tutor Perini Corporation”
Perini Management Services, Inc. Awarded $60 Million Recapitalize South Moorings and Rebuild USCG Station St. Petersburg Project
Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (“PMSI”), has been awarded a contract valued at approximately $60 million by the U.S. Coast Guard (“USCG”) using the accelerated design-build to budget project delivery method for the construction of several facilities and structures at USCG Station St. Petersburg, Florida.
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