Tutor Perini Corporation (NYSE: TPC), a leading civil, building, and specialty construction company, announced that its subsidiary, Lunda Construction Company, has secured a contract valued at approximately $67.2 million from the Minnesota Department of Transportation. The contract involves the I-94 and I-394 Interchange Project in Minneapolis.
The project scope includes structural repairs to 34 bridges and ramps along I-394 and I-94, stretching from downtown Minneapolis to Highway 100. Key elements of the work include deck replacement for the Penn Avenue bridge over I-394, maintenance improvements on the Dunwoody Boulevard ramp, and other infrastructure upgrades along I-394 within the project corridor.
Construction is scheduled to commence in July 2025, with substantial completion expected by summer 2027. The contract value was added to Tutor Perini’s project backlog during the second quarter of 2025.
About Tutor Perini Corporation
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.
