Lunda Construction Awarded $60.2 Million Rothschild Dam Modernization Project

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Lunda Construction Company, has been awarded a contract by Domtar Paper Company, LLC (“Domtar”) valued at approximately $60.2 million to provide construction manager/general contractor (CM/GC) services for the Rothschild Dam Modernization Project.

Domtar’s projected total cost for this project is approximately $84 million, which includes Lunda’s contracted scope of work, as well as other anticipated costs. The project is located in Rothschild, Wisconsin. The scope of work includes the replacement of an existing timber dam with a modern concrete dam that will feature cofferdams for river diversion, as well as demolition of the existing timber dam structure, installation of deep foundations for structural support, placement of reinforced concrete, construction of a new control building, installation of a prefabricated bridge, and installation of the new dam gates.

Work on this project began in July 2025 with substantial completion anticipated in early 2029. Lunda’s contract value was added to the Company’s backlog in 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.

Contacts

Tutor Perini Corporation

Jorge Casado, 818-362-8391

Senior Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

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