The size of the award relative to PES's likely revenue base implies a meaningful addition to backlog, but without revenue data, the exact impact is uncertain. Monitor PES's next quarterly filing for revenue recognition and margin details on this project.
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Executive Summary
Perini Management Services, Inc. (PES) was awarded a $69.5 million contract by the Department of the Interior to rehabilitate water and wastewater treatment systems at Furnace Creek and Cow Creek. Given that PES's annual revenue is unknown, the contract's materiality cannot be precisely gauged, but the award size suggests a notable project for the company.
Key Financial Metrics
Key Facts
- Award amount: $69,535,671
- Awarding agency: Department of the Interior
- Project scope: rehabilitation of water and wastewater treatment systems at Furnace Creek and Cow Creek (DEVA 318717)
- Award date and performance period start: July 20, 2026
- Company annual revenue: unknown, so percentage-of-revenue impact cannot be calculated
Financial Impact
$69.5 million contract award from the Department of the Interior
Risk Factors
- Government contract execution and funding risks, including potential continuing resolutions or sequestration
- Project-specific risks related to rehabilitation of aging infrastructure in remote locations
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-140P2026C0037 |
US Market Status
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