Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its subsidiary, Roy Anderson Corp, has been awarded a contract valued at approximately $114 million for the Jones Hall Project at the University of Mississippi ("Ole Miss") in Oxford, MS.

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The scope of work includes construction of a new four-story, approximately 110,000-square-foot academic facility that will serve as the home of the nationally recognized Patterson School of Accountancy. Located adjacent to the university's iconic Grove, the project includes modern classrooms, auditoriums, collaborative learning spaces, faculty and administrative offices, and student support areas designed to accommodate future program growth and enhance the educational experience for generations of Ole Miss students.

Work is expected to commence in June 2026 with substantial completion anticipated in December 2028.The contract value will be reflected in the Company's backlog for the second quarter of 2026.