Elevate Inglewood Partners Selected as Best Value Proposer for the Inglewood Transit Connector Project
July 23 2024 - 6:00AM
Business Wire
Tutor Perini Corporation (NYSE: TPC), a leading civil, building
and specialty construction company, announced today that Elevate
Inglewood Partners (“EIP”), a public-private partnership consortium
comprised of Plenary Americas US Holdings, Inc. (equity member),
Tutor Perini Corporation (lead contractor), Parsons Corporation
(NYSE: PSN) (lead designer), Woojin Industrial Systems Co., Ltd.
(automated transit system operator and supplier) and Alternate
Concepts, Inc. (lead operations and maintenance contractor), has
been selected as the Best Value Proposer by the City of Inglewood
(the “City”) for the Inglewood Transit Connector (“ITC”) Project.
The project will include the design, construction, financing,
operation and maintenance of a 1.6-mile automated people mover that
will connect the Metro K Line and Inglewood’s new major employment
and destination centers, including the Kia Forum, Sofi Stadium,
YouTube Theater, the Intuit Dome, as well as the housing and
commercial destinations in the surrounding area. The City has
partnered with LA Metro and the County of Los Angeles to establish
the ITC Joint Powers Authority, which will oversee the design,
construction, operations and maintenance of the ITC following
contract award. EIP and the City are currently in discussions and
negotiations regarding the project’s pricing and contractual
terms.
About Tutor Perini Corporation
Tutor Perini Corporation is a leading civil, building and
specialty construction company offering diversified general
contracting and design-build services to private customers and
public agencies throughout the world. We have provided construction
services since 1894 and have established a strong reputation within
our markets by executing large, complex projects on time and within
budget, while adhering to strict quality control measures. We offer
general contracting, pre-construction planning and comprehensive
project management services, including planning and scheduling of
manpower, equipment, materials and subcontractors required for a
project. We also offer self-performed construction services
including site work, concrete forming and placement, steel
erection, electrical, mechanical, plumbing and heating, ventilation
and air conditioning (HVAC).
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version on businesswire.com: https://www.businesswire.com/news/home/20240723649910/en/
Tutor Perini Corporation Jorge Casado, 818-362-8391 Vice
President, Investor Relations and Corporate Communications
www.tutorperini.com
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