Tutor Perini (TPC) said Thursday its subsidiary Fisk Electric has won the first phase of a contract worth about $29 million for electrical services at the new Harris Health hospital in Houston, Texas.
The overall contract is estimated to be worth around $147 million, the company said.
Fisk Electric will handle the core, shell, and tenant electrical work for the new hospital tower and podium, with work expected to start in Q4 and slated to be completed by the end of 2028, Tutor Perini added.
Tutor Perini shares fell 1.6% in recent trading.
Price: 26.84, Change: -0.45, Percent Change: -1.65
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.