Tutor Perini Unit Gets $112 Mln Chumash Casino Resort Expansion Contract

(RTTNews) - Tutor Perini Corp. (TPC) said Monday that its subsidiary, Tutor Perini Building Corp., has been awarded a contract valued at about $112 million by the Santa Ynez Band of Chumash Indians for the expansion of the Chumash Casino Resort in Santa Ynez, California.

The scope of work for the project includes construction of a hotel tower that will add 215 more rooms, a 20,000-square-foot pool deck, a parking garage, expansion of the existing gaming floor, and additional food and beverage venues.

Construction is scheduled to begin in October 2014 with substantial completion anticipated in 2016.

The contract value is expected to be included as part of Tutor Perini's reported third quarter backlog.