Monitor Tutor Perini's next quarterly filing for backlog growth and margin commentary on this contract. The award bolsters the federal segment pipeline and may drive upward estimate revisions. Watch for potential follow-on task orders or modifications that could expand the total value.
Price Chart
Executive Summary
Tutor Perini Corp (TPC) was awarded a $315M design-build contract by the Department of Homeland Security for a fuel pier and cutter mooring at USCG Base Kodiak, AK. This award represents approximately 5.7% of the company's annualized revenue, a material addition to its backlog in the federal infrastructure segment. The contract signals strong competitive positioning in large-scale government marine construction projects, though execution and funding risks remain.
Key Financial Metrics
Key Facts
- $315M contract award from Department of Homeland Security for design and construction of fuel pier and major cutter mooring at USCG Base Kodiak, AK
- Award represents ~5.7% of Tutor Perini's annualized revenue of $5.56B
- Design-build to budget contract type suggests fixed-price structure with performance incentives
- Contract awarded on 2026-09-11 with immediate period of performance start
- Cross-filing context shows amplifier verdicts for contract-agreement, earnings, and prior-contract contexts, supporting elevated impact
Financial Impact
$315M contract award, ~5.7% of annualized revenue
Risk Factors
- Funding risk from continuing resolutions or sequestration affecting DHS/USCG budgets
- Execution risk on remote Alaska construction site with logistical challenges
- Fixed-price design-build contract carries cost-overrun risk if scope changes or material costs rise
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-70Z05026F43000039 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 13d ago | 8-K | $83.26 | awaiting T+20 | — | $78.49 (−5.73%) |
Sep 30, 2026 27d 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 24w 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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