Tutor Perini Corporation announced on October 31, 2024, that its joint venture with Nan, Inc. has been awarded a contract with a base value of approximately $330.6 million. The contract, from the Naval Facilities Engineering Systems Command, Marianas, is for the Apra Harbor Waterfront Repairs Project in Guam.
This design-build project aims to repair Guam Harbor’s Glass Breakwater and restore waterfront areas damaged by storms, including Typhoon Mawar in May 2023. The base contract includes repairs to three critically failed portions of the Glass Breakwater.
The contract also includes nine options for additional anticipated scopes of work, which, if exercised, could increase the total contract value by up to an additional $230 million. Design work is expected to begin immediately, with in-water construction anticipated to commence in August 2025 and substantial completion expected in July 2029. The $330.6 million base contract value will be added to the company’s backlog in the fourth quarter of 2024.
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