SAN FRANCISCO—Tutor Perini Corporation has been identified as the low bidder for the Third Street Light Rail Program Phase 2 – Central Subway, with a bid of around $840 million.
The San Francisco Municipal Transportation Agency (SFMTA) is expected to move forward with a contract for this project sometime in the next few months.
The scope of work for the project includes construction of three underground subway stations located at Union Square/Market Street, Chinatown, and Yerba Buena Gardens/Moscone Center, a surface-level station at 4th and Brannan Streets, and trackwork and systems from the 4th and Brannan Station to the Chinatown Station. Work on the project is planned to begin in the third quarter of 2013 and substantial completion is expected in the first quarter of 2018.
Once the contract is awarded, Tutor Perini will book the contract value into the Company's backlog.
“We are very excited to be identified as the low bidder for construction of the next phase of San Francisco's Central Subway system,” said Ronald Tutor, chairman and CEO of Tutor Perini. Tutor continued, “Tutor Perini has a proven record of successful completion of major rail projects in the Bay Area, including having previously constructed the BART extension to the San Francisco International Airport.”
Tutor Perini Corporation is a leading civil and building construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world.
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