Fisk Electric Awarded $99 Million for the Second Phase of the New Harris Health Hospital Project

April 30, 2025

LOS ANGELES--(BUSINESS WIRE)-- Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Fisk Electric Company (“Fisk Electric”), has been awarded the second phase (valued at approximately $99 million) of a guaranteed maximum price contract currently valued at approximately $166 million for electrical services for the previously announced new Harris Health hospital project on the Lyndon B. Johnson Hospital campus in Houston, Texas. Fisk Electric’s scope of work includes the core and shell and tenant finish-out electrical and fire alarm components for the ground-up construction of the new hospital tower and podium. Work on the first phase began in the fourth quarter of 2024, work on the second phase started in March 2025, and substantial completion of the entire electrical contract is anticipated in the fourth quarter of 2028.

Rendering of the new Harris Health hospital (source: HKS Architects)

The new 14-story hospital – slated to become Harris County’s third Level I trauma center – is expected to open in late 2028. The new hospital will include approximately 1.3 million square feet and will feature 390 private rooms, with the space to add 60 more when additional capacity is needed. With a rooftop helipad, 15 dedicated operating rooms and a cutting-edge hybrid operating room, the hospital is designed to cater to a wide range of medical needs from routine procedures to the most complex emergency surgeries.

The second phase funding of $99 million was added to the Company’s backlog in the first quarter of 2025 with additional funding of approximately $38 million for the final phase expected to be added to backlog later this year.