TPC - Tutor Perini's subsidiary nabs tunnel contract for Eagle Mountain - Woodfibre Gas Pipeline project
Tutor Perini's (TPC -6.2%) subsidiary, Frontier-Kemper Constructors received a contract worth ~C$341M by FortisBC Energy for the tunnel component of the Eagle Mountain - Woodfibre Gas Pipeline project. The project consists of using two tunnel boring machines to bore an ~9-kilometer tunnel between the town of Squamish, British Columbia, Canada and the Woodfibre LNG industrial site, located southwest of downtown Squamish. Pre-construction activities, including design, procurement and construction planning, are expected to commence in March 2022 with construction expected to begin in early 2023; substantial completion is anticipated in 2025. The contract value will be included in Q1 backlog.
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Tutor Perini's subsidiary nabs tunnel contract for Eagle Mountain - Woodfibre Gas Pipeline project