The award adds visible backlog and supports revenue visibility for the next 12-18 months. Monitor for additional task orders or follow-on phases under this contract vehicle. Given the cross-filing amplifier signals (contract + earnings context, contract + prior contract context), this award may have incremental positive read-through for upcoming quarterly results.
Price Chart
Executive Summary
Tutor Perini Corp (TPC) was awarded an $81.8M contract by the Department of Homeland Security for the Nemetz Phase IV project. This is a material new award for a general contractor, adding to backlog and reinforcing its relationship with a key federal agency.
Key Financial Metrics
Key Facts
- Award amount: $81,833,273
- Awarding agency: Department of Homeland Security
- Contract start date: 2026-05-08
- Project: Nemetz Phase IV
- Structural name match confirmed: TUTOR PERINI CORPORATION matches listed company TUTOR PERINI CORP
Financial Impact
$81.8M contract award; relative to TPC's annual revenue (approximately $4.5B based on market cap and sector norms), this represents roughly 1.8% of revenue — a notable but not transformative addition.
Risk Factors
- Government funding risk: continuing resolutions or sequestration could delay or reduce contract scope
- Execution risk: cost overruns or schedule delays on fixed-price government contracts
- Concentration risk: reliance on DHS as a customer for this award
Market Snapshot
Investment Themes
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-70Z05026F43000011 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 8-K | $83.26 | awaiting T+20 | — | $78.49 (−5.73%) |
Sep 30, 2026 26d ago | GOVT-CONTRACT | $83.26 | awaiting T+20 | — | $78.49 (−5.73%) |
Sep 11, 2026 6w ago | GOVT-CONTRACT | $84.51 $83.49 | ▼ −1.21% | ▼ −3.72% | $78.49 (−7.12%) |
Sep 2, 2026 7w ago | Insider Cluster | $87.32 $86.73 | ▲ +0.68% | ▲ +0.47% | $78.49 (+10.11%) |
Sep 2, 2026 7w ago | GOVT-CONTRACT | $87.32 $86.73 | ▼ −0.68% | ▼ −0.22% | $78.49 (−10.11%) |
Aug 13, 2026 10w ago | GOVT-CONTRACT | $96.82 $84.51 | ▼ −12.71% | ▼ −10.72% | $78.49 (−18.93%) |
Jul 6, 2026 16w ago | 8-K | $79.91 $83.75 | ▲ +4.81% | ▲ +5.37% | $78.49 (−1.78%) |
May 26, 2026 21w ago | 8-K | $74.47 $81.56 | ▲ +9.52% | ▲ +11.42% | $78.49 (+5.40%) |
May 12, 2026 23w ago | GOVT-CONTRACT | $80.50 $73.54 | ▼ −8.65% | ▼ −8.03% | $78.49 (−2.49%) |
May 8, 2026 24w ago | GOVT-CONTRACT | $82.64 $71.41 | ▼ −13.59% | ▼ −13.29% | $78.49 (−5.03%) |
US Market Status
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