Perini Management Services, a Tutor Perini subsidiary, and Skanska have won two separate waterfront construction awards with a combined reported value of $586 million. The projects are a roughly $315 million fuel pier and cutter mooring at Coast Guard Base Kodiak, Alaska, and Skanska’s $271 million homeport pier replacement at Naval Station Newport, Rhode Island. The Newport contract is with NAVFAC Mid-Atlantic, not a direct Coast Guard award.
How the $586 million total breaks down
The combined figure is the sum of the two reported U.S.-dollar award values: approximately $315 million for Kodiak and $271 million for Newport. Skanska also reported its own contract as about SEK 2.5 billion. These are separate projects, with different contracting relationships and scopes.
| Project | Contractor and contracting relationship | Reported value | Vessel capacity | Published completion forecast |
|---|---|---|---|---|
| Fuel pier and mooring, Coast Guard Base Kodiak, Alaska | Perini Management Services, Inc., a Tutor Perini subsidiary; the Coast Guard said it awarded the contract to Tutor Perini Corp. | Approximately $315 million, according to Tutor Perini; the Coast Guard reported $315 million. | Dock capacity for up to two major cutters | September 2030, anticipated by Tutor Perini |
| Homeport pier replacement, Naval Station Newport, Rhode Island | Skanska signed a contract with NAVFAC Mid-Atlantic | USD 271 million, or about SEK 2.5 billion, according to Skanska | Four Coast Guard Offshore Patrol Cutters | March 2030, anticipated by Skanska |
Construction Dive reported the $586 million combined total on October 6, 2026. The project values and schedules below reflect the contractors’ and agency’s announcements in September and October 2026.
What is planned at Coast Guard Base Kodiak?
A fuel pier and mooring for major cutters
The Coast Guard announced that it awarded the Kodiak contract to Tutor Perini on September 11, 2026. Tutor Perini’s October 5 announcement identifies its subsidiary, Perini Management Services, Inc., as the unit awarded the approximately $315 million project. The stated aim is to expand dock capacity to provide up to two major cutter berths.
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Additional waterfront and utility work
The scope includes unexploded ordnance removal, waterfront improvements, a new fueling utility building, utilities, cutter shore ties and other site amenities. Tutor Perini said design work began in late September 2026 and forecast substantial completion in September 2030.
What is planned at Naval Station Newport?
A replacement pier for four Coast Guard cutters
Skanska announced on October 2, 2026, that it had signed a USD 271 million contract with NAVFAC Mid-Atlantic to build a new homeport pier at Naval Station Newport. The work replaces existing Pier 1 with a facility designed to berth four U.S. Coast Guard Offshore Patrol Cutters. Because the contract is with NAVFAC Mid-Atlantic, the Newport job supports Coast Guard vessels at a Navy installation but should not be described as a direct Coast Guard contract.
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Utilities, bulkhead and dredging
Skanska’s stated scope includes new substations, water and wastewater connections, compressed air, a new bulkhead, site improvements, dredging and underground utilities. The company said work had begun and anticipated completion in March 2030. It planned to include the contract in its U.S. order bookings for the third quarter of 2026.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How the projects differ
- Location and purpose: Kodiak is a Coast Guard base where the project adds fuel-pier and mooring capacity. Newport is a Navy installation where a replacement homeport pier will support Coast Guard cutters.
- Capacity: Kodiak is intended to provide up to two major cutter berths; Newport is designed for four Offshore Patrol Cutters.
- Contracting: Perini Management Services is the Tutor Perini subsidiary named for Kodiak, while Skanska’s Newport agreement is with NAVFAC Mid-Atlantic.
- Schedule: The published estimates put Newport’s anticipated completion in March 2030 and Kodiak’s substantial completion in September 2030.
The completion dates are forecasts in the companies’ announcements, not guarantees; project schedules can change.
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