AMEND #3 TO MANAGEMENT AGREEMENT



 Exhibit 10.6 
  
 AMENDMENT NUMBER 3 TO MANAGEMENT AGREEMENT 
  
 THIS AMENDMENT NUMBER 3 TO MANAGEMENT AGREEMENT (“the Amendment”) is made and entered into as of December
31, 2000, by and between Perini Corporation, a Massachusetts corporation (“Perini”), Tutor-Saliba Corporation, a California corporation (“Tutor-Saliba”) and Ronald N. Tutor (“Tutor”), an individual and President of
Tutor-Saliba (Perini, Tutor-Saliba and Tutor collectively, the “Parties”). 
  
 RECITALS 
  
 WHEREAS,
Perini, Tutor-Saliba and Tutor entered into Management Agreement as of January 17, 1997 (the “ Management Agreement”), whereby, among other things, Tutor-Saliba agreed to provide certain services of Tutor to Perini; 
  
 WHEREAS, paragraph 6 of the Management Agreement provided that the
Management Agreement would terminate, if not earlier, on December 31, 1998; 
  
 WHEREAS, on or by December 31, 1999, by Amendment Number 2 to that Management Agreement it was extended so that it would terminate, if not earlier, on December 31, 2000, and 
  
 WHEREAS, the Parties desire again to extend the termination date of
the Management Agreement. 
  
 NOW THEREFORE, in
consideration of the premises and of the mutual covenants herein contained, the Parties hereby agree as follows: 
  

	1.	Paragraph 6 of the Management Agreement, as amended , shall be amended in its entirety to read as follows: 

  

	 	6.	Termination. Unless earlier termination by the parties, this Agreement shall terminate upon the earliest to occur of (i) December 31, 2001, (ii) Tutor’s inability to perform
the services contemplated hereby, whether because of death, disability or otherwise, (iii) written notice from Perini to Tutor after, in the determination of a majority of the Executive Committee of the Board of Directors of Perini, Tutor has failed
to perform his obligations under this Agreement, and (iv) the reasonable determination by the Board of Directors or Executive Committee of Perini, and written notice thereof to Tutor, that it would be inadvisable for Tutor to continue performing the
services contemplated by this Agreement, or 








 (v) the consummation of a recapitalization of Perini funded by a party other than Tutor or his
affiliates. 
  

	2.	Section 3(b) of the Management agreement shall be amended in its entirety to read as follows: 

  

	 	(b)	Beginning on the Effective Date, Perini shall pay a fee to Tutor-Saliba at the rate of $250,000 per year, such amount to be paid in twelve equal monthly installments in arrears on
the 15th of each month, or as the parties hereto shall otherwise agree in writing. 

  

	3.	Except as specifically amended herein, all other provisions of the Management Agreement shall remain unchanged and in full force and effect. 

  

	4.	This Amendment may be executed in several counterparts, each of which shall be deemed an original but all of which shall constitute one and the same instrument.


  
 IN WITNESS HEREOF, each of the parties hereto
have caused a counterpart of this Amendment to be executed and delivered as of the date first above written by their duly authorized representatives. 
  

	PERINI CORPORATION
		
	 By:
	 	 /s/    Robert
Band        


	 Title:
	 	President
	
	TUTOR-SALIBA CORPORATION
		
	 By:
	 	 /s/    Ronald N.
Tutor        


	 Title:
	 	President
	
	RONALD N. TUTOR
		
	 By:
	 	 /s/    Ronald N.
Tutor        


	 Title: