Tutor Perini executes contract for $1.66B project in Honolulu

Tutor Perini (TPC) announced that it has executed the contract with the Honolulu Authority for Rapid Transportation and received a Notice to Proceed with design and construction of the previously announced City Center Guideway and Stations Project in Honolulu, Hawaii. The scope of the approximately $1.66B contract includes the design and construction of six rail stations and approximately three miles of elevated rail guideway beginning just east of the Middle Street Transit Center Station and ending at the Civic Center Station, which will be located just east of the intersection of Halekauwila Street and South Street in downtown Honolulu. Project design is expected to begin immediately while construction is estimated to commence in the second half of 2025. Construction of this segment is expected to be substantially completed in 2030. Parsons Corporation (PSN) will serve as Tutor Perini’s design subcontractor. The contract value was added to the company’s backlog in the third quarter of 2024.