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Primoris Services Corporation Announces Industrial Award Valued Over $25M

DALLAS, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new industrial award valued over $25 million. The

Benzinga · 01/07/2020 12:33

DALLAS, Jan. 07, 2020 (GLOBE NEWSWIRE) -- Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced a new industrial award valued over $25 million. The contract was secured by Primoris Mechanical Contractors, part of the Power, Industrial, & Engineering segment. This award was signed in the fourth quarter of 2019.

  • The project is for turnkey installation of underground hydronic piping at Charlotte Douglas International Airport.
  • The scope of work will require the installation of over 15,000 feet of pre-insulated chilled/hot water supply and return piping, ductbank, and a cast-in-place vault. The lines will be installed with a combination of bores and open cut excavation.
  • Work is scheduled to commence in the first quarter of 2020, and completion is expected in the second quarter of 2021.