Tutor Perini (TPC) said Wednesday its Black Construction unit won a $45.2 million contract from the Guam Department of Public Works to rebuild two bridges along Route 1.
Work on the two bridges, Laguas Bridge and Asan Culvert, will begin in the coming weeks, with completion expected in early 2029, the company said.
The company also said it expects to book the contract value into its Q3 backlog.
Shares of the company were down 1.8% in Wednesday trading.
Price: $84.63, Change: $-1.14, Percent Change: -1.33%