Lunda Construction secured a $33.45M deal with Minnesota Department of Transportation for infrastructure work in two counties.
Tutor Perini Corp’s subsidiary Lunda Construction has been awarded a $33.45M contract by the Minnesota Department of Transportation. The project, identified as SP 2758-75, covers work in Hennepin and Dakota counties.
The contract value aligns with recent infrastructure spending trends, though specifics on project duration or scope remain undisclosed. Tutor Perini has not provided additional financial guidance tied to this award.
Shares of Tutor Perini (TPC) showed no immediate reaction in after-hours trading following the announcement.