Turner Awarded $54.7 Million Contract by the New York City School Construction Authority to Construct PS/IS 51M in New York, N.Y.

NEW YORK, Aug. 20 /PRNewswire/ -- Turner Construction Company, the nation's largest builder of education facilities, has been awarded a $54.7 million contract to provide construction services by the New York City School Construction Authority for PS/IS 51M in New York, N.Y.  The project is scheduled for substantial completion in July 2013, in time for the coming school year.

The scope of work includes construction of a 98,433 sq. ft. school located on West 44th Street in Manhattan to accommodate 640 students. The facility will include 24 classrooms, two special education classrooms in addition to other educational amenities and faculty facilities.

"Turner is proud to continue its relationship with the New York City School Construction Authority to manage construction of this school to benefit the students and meet the needs of the school system and surrounding neighborhood," said Charles Murphy, Senior Vice President and General Manager of Turner's New York operations.

About Turner

Turner is the leading general builder in the U.S., ranking first or second in the major segments of the building construction field.  During 2009, Turner completed $8.2 billion of construction. Turner is the only builder offering clients a nationwide network of offices across the U.S. Founded in 1902, the firm is a subsidiary of HOCHTIEF, a publicly traded company and one of the world's leading international construction service providers. For more information, visit Turner's website at www.turnerconstruction.com.

About HOCHTIEF

HOCHTIEF is one of the leading international providers of construction-related services. With more than 66,000 employees and a sales volume of EUR 18.17 billion in FY 2009, the company is represented in all the world's major markets. The Group's service offering in the fields of development, construction, services, concessions and operation covers the entire life cycle of infrastructure projects, real estate and facilities. In the USA, the biggest construction market in the world, HOCHTIEF is the No. 1 general builder via its subsidiary Turner and, with Group company Flatiron, ranks among the most important players in the field of transportation infrastructure construction. With its subsidiary Leighton (HOCHTIEF share around 55 percent), the Group is market leader in Australia. Because of its engagement for sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006. Further information is available at www.hochtief.com/press.

SOURCE Turner Construction Company

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