USD/BTC =$104,596 Block 896,386 TL:DR

This latest award to Fisk represents the second phase of the GMP electrical contract for the $1.6 billion hospital, according to Tutor Perini said. The contractor started work on the first phase of its contract in late 2024 and has already begun the second phase. The final phase of Fisk's contract is expected to be $38 million, with substantial completion scheduled for late 2028.

Crews broke ground on the new 14-story, 1.3 million Harris Health facility in May 2024. The hospital, slated to be Harris County's third Level 1 trauma center, Tutor Perini said, will offer 390 private rooms with the capacity to increase that number to 450; a rooftop helipad; 15 operating rooms; and a hybrid operating room.

In February, Tutor Perini announced that a joint venture with one of its other subsidiaries, Frontier-Kemper Constructors, was awarded an almost $1.2 billion design-build contract for the Manhattan Tunnel project, part of the approximately $16 billion Hudson Tunnel Project, which will see construction of two new passenger rail tracks between New York and New Jersey, along with associated work.

The Tutor Perini-Frontier-Kemper joint venture's scope of work under this contract includes the design and construction of twin 30-foot diameter tunnels approximately 700 feet in length beneath the eastern shore of the Hudson River to existing cut-and-cover tunnels underneath Manhattan's Hudson Yards development, Tutor Perini said.

The joint venture will also build an access shaft – at 12th Avenue and the Manhattan West Side Highway – that will eventually become a ventilation facility for the tunnels.

Work for that project is expected to reach substantial completion in 2029.

Tutor Perini keeping busy. But almost 1,000BTC for such a narrow scope of work is crazy. But kudos to the facility for making these improvements.