XML 34 R18.htm IDEA: XBRL DOCUMENT v3.6.0.2
Related Party Transactions
12 Months Ended
Dec. 31, 2016
Related Party Transactions [Abstract]  
Related Party Transactions

11.     Related Party Transactions



The Company leases certain facilities from an entity owned by Ronald N. Tutor, the Company’s Chairman and Chief Executive Officer, at market lease rates. Under these leases the Company paid $2.8 million,  $2.7 million and $2.4 million for the years ended December 31, 2016,  2015 and 2014, respectively, and recognized expense of $3.2 million for each year ended December 31, 2016 and 2015 and $2.5 million for the year ended 2014.  



Raymond R. Oneglia, Vice Chairman of O&G Industries, Inc. (“O&G”), is a director of the Company. The Company occasionally forms construction project joint ventures with O&G, and O&G often provides equipment and services for the projects on customary trade terms. Currently, the Company has a 30% interest in a joint venture for a highway construction project.  The payments made by the joint venture to O&G during the years ended December 31, 2016, 2015 and 2014, were immaterial.



Peter Arkley, Senior Managing Director, Construction Services Group, of Alliant Insurance Services, Inc. (“Alliant”), is a director of the Company. The Company uses Alliant for various insurance related services. The associated expenses for services provided for the years ended December 31, 2016, 2015 and 2014 were $8.9 million,  $9.8 million and $14.2 million, respectively. The Company owed Alliant $5.2 million and $7.5 million as of December 31, 2016 and 2015, respectively, for services rendered.