Primoris Services Corp. announced two new Master Service Agreements (MSA) totaling over $225 million for gas distribution projects in California. The MSAs were secured by the company’s Utilities Segment.
“We have long-standing relationships spanning over 40 years with both major utilities,” said Primoris president and CEO Tom McCormick in a Dec. 9 statement. “These multi-year master service agreements expand those relationships and extend our MSA portfolio into 2026.”
The first agreement, a two-year MSA, is for a gas distribution program in northern California. The second agreement, a five-year MSA, is for a gas distribution program with a major utility customer in southern California.
Primoris Services is a leading specialty contractor providing critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The company supports a diversified base of blue-chip customers with engineering, procurement, construction and maintenance services.
A focus on multi-year master service agreements and an expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations, renewable fuels, electrical transmission and distribution systems and communications infrastructure have also increased the Company’s potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.Tags: Primoris Services Corp