Tutor Perini Corporation announced on February 5, 2025, that a joint venture between the company and its subsidiary, Frontier-Kemper Constructors, has been awarded a design-build contract valued at approximately $1.18 billion. The contract, from the Gateway Development Commission, is for the Manhattan Tunnel Project, a component of the Hudson Tunnel Project.
The Hudson Tunnel Project is a resiliency and reliability initiative to build two new passenger rail tracks between New York and New Jersey and rehabilitate the century-old North River Tunnel. The Manhattan Tunnel Project's scope includes the design and construction of twin 30-foot diameter tunnels, approximately 700 feet in length, beneath the eastern shore of the Hudson River.
Work is expected to begin in the spring of 2025, with substantial completion anticipated in 2029. The contract value is expected to be added to the company's backlog in the first quarter of 2025.
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