Tutor Perini’s Fisk Electric awarded first phase of $147M electrical contract

Tutor Perini Corporation announced that its subsidiary, Fisk Electric Company, has been awarded the first phase, valued at approximately $29M, of a guaranteed maximum price contract currently valued at approximately $147M by McCarthy Building Companies, Inc. for electrical services for the new Harris Health hospital on the Lyndon B. Johnson Hospital campus in Houston, Texas. The project owner is Harris Health. Fisk Electric’s scope of work includes the core and shell and tenant finish-out electrical and fire alarm components for the ground-up construction of the new hospital tower and podium. Work is expected to begin in the fourth quarter of 2024 with substantial completion of the entire electrical contract anticipated in the fourth quarter of 2028. The initial $29M portion of the overall contract value was added to the Company’s backlog in the third quarter of 2024 with the remaining portions to be added to backlog as subsequent phases are awarded.