Latest news with #TyphoonMawar
Business Journals
24-05-2025
- Business
- Business Journals
Bank of Hawaii to open new multimillion-dollar facility in Guam
Bank of Hawaii first broke ground on the project in 2018, but the original 2020 opening date was pushed back due to lingering impacts of the Covid-19 pandemic and the Typhoon Mawar in 2023.
Yahoo
28-02-2025
- Business
- Yahoo
Tutor Perini-Nan JV secures additional $232m contract for Apra Harbor project
The Tutor Perini-Nan joint venture (JV) has secured additional scope options worth approximately $232m for the Apra Harbor Waterfront Repairs Project in Guam, US. This move brought the total value of the contract, awarded by Naval Facilities Engineering Systems Command Marianas, to approximately $563m. The Apra Harbor Waterfront Repairs Project, a design-build initiative led by Tutor Perini, focuses on rehabilitating the Glass Breakwater and revitalising waterfront areas in Guam damaged by storms, including Typhoon Mawar in May 2023. Tutor Perini stated that the expanded scope includes reinforcing sections of the Glass Breakwater to mitigate future breaches and conducting shoreline repairs within the inner harbour. Tutor Perini, the project's managing partner, will oversee the project through its Guam-based subsidiary, Black Construction, with Nan holding a 30% stake in the JV. The design phase is currently in progress, with the start of in-water construction set for the fourth quarter (Q4) of 2025 and a projected substantial completion date in July 2029. The incremental $232m value from the approved options is scheduled to be incorporated into Tutor Perini's backlog in Q1 2025. Tutor Perini provides a range of construction services, including general contracting, preconstruction planning, project management, and construction tasks such as site work and steel erection. In a separate development, Tutor Perini, in collaboration with its other joint JV partner O&G, is finalising a contract for the Manhattan Jail Project in New York, US. In May 2024, Tutor Perini, alongside Black Construction, secured a contract for a Child Development Center at Andersen Air Force Base in Guam. "Tutor Perini-Nan JV secures additional $232m contract for Apra Harbor project" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
