Good day, ladies and gentlemen, and welcome to the Tutor Perini Corporation second-area 2019 income conference call. My name is Doug, and I’ll be your coordinator for nowadays. [Operator instructions] As a reminder, this conference call is being recorded for replay purposes. [Operator instructions] I would now like to show the convention over in your host for nowadays, Mr.
Jorge Casado, vice chairman of investor members of the family. Please continue.
Jorge Casado — Vice President of Investor Relations
Hello, each person, and thank you for your participation these days. Joining us on the call are Ronald Tutor, chairman and CEO; and Gary Smalley, executive vice president, and CFO. Before we talk about our effects, I’ll remind every body that during the state-of-the-art call, we will be making forward-searching statements, which mirror control’s modern evaluation of current trends and data. There is an inherent chance that our actual consequences ought to fluctuate materially.
You can find our disclosures about danger elements that could doubtlessly make contributions to such variations in our maximum recent 10-K, which become filed on February 27, 2019. The corporation assumes no obligation to update ahead-searching statements, whether as a result of new data, destiny activities or in any other case, other than as required with the aid of regulation. In addition, in the course of the ultra-modern call, we will be discussing certain non-GAAP economic measures. The suitable GAAP monetary reconciliations are incorporated in our earnings launch, which we issued in advance nowadays and filed with the SEC, and which is also posted in the Investor Relations segment of our website.
Thanks, Jorge. Good afternoon, and thank you for becoming a member of us. As you saw in our income release, we have been required to take a non-coins goodwill impairment rate inside the second quarter prompted by way of sustained lower in our stock charge that has passed off seeing that our first-zone income release in May of this yr. While the impairment is full-size in length, it isn’t the result of our settlement execution or in any way indicative of our enterprise outlook.
I don’t like having to address the impairment charge, but I’m as high-quality about the destiny of our enterprise as I have ever been. We continue to be in a wonderful aggressive function with the equal robust marketplace call for our offerings as contemplated in our giant new awards over the past yr, our new file backlog and the fantastic variety of new challenge possibilities. I could reiterate that goodwill impairment rate changed into strictly driven through the dramatic downturn in our stock charge. That impairment price once more has no effect on our cash flows, our economic strength or our capacity to execute our current running backlog or compete for destiny opportunities.
Excluding the impairment activity, our 2d-zone results were negatively impacted through large delays on positive tasks, particularly those predominant one being owner-pushed delays continuing on California High-Speed Rail and sizeable climate influences, rain and wind, on the Newark Airport Terminal One in New Jersey, which have shifted the timing of revenue and profit contributions ahead into the fourth sector this 12 months and into 2020. Despite numerous commitments rendered with the aid of excessive-pace rail over the past 3 years, our mission has been severely behind schedule by means of the inability to supply the proper-of-way homes committed underneath the settlement. Through negotiations, however, inside the first six months of this year, we had been committed and been part of discussions that now has the basic balance of proper-of-methods turned over by means of the fourth area of 2019. Unfortunately, this defers approximately $250 million of revenue from 2019 to 2020 and ’21.
The most effective fine associated with this improvement as we’ve just reached a very giant and equitable agreement of all our costs related to these delays with an done alternate order and the cash to be paid rapidly inside the month of August. The Newark airport, despite the fact that going thoroughly, has experienced considerable climate delays, that have delayed finishing touch and contemporary paintings via over 3 months during the last six months. Rain and winds had been drastically past the norm. Despite these troubles, our ordinary execution within the civil and constructing groups remained sturdy and long-time period outlook very effective.
Second-sector consequences have been additionally unfavorably impacted through very negative performance in our forte contractors institution. We assume enormous improved contributions at some point of the second one-half of this 12 months and during subsequent yr given sure of the writedowns we took in the 2d area in strong point this 12 months. As disclosed earlier this week, we’re changing the contemporary president of our building institution with Jean Abiassi, the former president and leader running officer of Zachry Construction Corporation founded in San Antonio, Texas. Jean’s early career changed into spent at Brown & Root followed by means of sixteen years on the Kiewit Corporation, wherein he served in diverse senior management positions on predominant projects at some point of the East Coast.
He left in 2002 to go to work for Zachry Corporation in Texas, growing to be its president and leader working officer till — in 2010 till his retirement this year. I was given to recognize Jean in his role as a 25% companion on the excessive-velocity rail, believed him to be great. And upon his retirement from Zachry, we have come to phrases with him taking over as president and CEO of each the forte organization and the building group. In taking on the ones new — those two groups, excuse me, Jean’s preliminary recognition will, of the route, be on forte contractors — our forte contractors to set approximately the beginning of enhancing their consequences and operations in an extra steady way than the past has proven us.
We booked $116 million of new awards inside the 2d quarter and completed the region with a backlog of $11.Four billion, up 31% 12 months over yr and still at close to-document tiers, down handiest slightly as compared to final zone. Significant awards blanketed subcontracts for Fisk Electric, Desert Mechanical, and Becho on our Purple Line 3 contract, whose subcontract awards amounted to $244 million on our $1.4 million agreement. An era campus tenant improvement challenge in Northern California for Rudolph and Sletten worth extra than $200 million and a wastewater treatment plant in Guam for Black Construction really worth $122 million. Approximately 75% of our total backlog remains created from higher-margin uniqueness and civil paintings.
Strong market demand for our production offerings keeps as contemplated through the enormous range of big mission possibilities throughout all segments. Accordingly, we accept as true with our backlog must continue to grow this 12 months as we pursue numerous big initiatives in it. Our backlog will generate continued strong revenue boom, stepped forward operating margins in particular in strong point, and simply typically extended income over the subsequent years. I’m maximum endorsed that Black Construction documents — are presently at a reported backlog of $454 million.
This is the highest backlog they have got had when you consider that I purchased them in 1995, and is nearly two times their previously recorded high. The U.S. Government, as we all recognize, has constantly dedicated full-size funds to Guam and is presently bidding over $1 billion in step with a year in lump-sum opportunities in every of the next five years. All of that is scheduled or inside the marketplace.
If that has been no longer sufficient, as we retain to bid predominant paintings for the U.S. Authorities, we have document backlog of labor on the island of Diego Garcia within the Indian Ocean, wherein we are the best contractor of outcome. Overall, Black maintains to enjoy a completely sturdy developing volume of bid possibilities, all of which, with very strong margins and we consider will significantly increase their profitability starting this year into the years to come. At the stop of this month, our civil organization might be bidding the $four hundred million 8th Avenue Communications-Based Train Control mission in New York City.
A project with a comparable scope however large in value than the Culver line assignment we booked for the New York City Transit Authority in the first region. Other great upcoming civil bids encompass the $four hundred million Division 20 Portal Widening and Turnback task of the Los Angeles MTA, which bids in approximately 60 days. Three massive initiatives for the L.A. Inclusive of the $four-plus billion West Santa Ana Branch Transit Corridor; the $1.Five billion East San Fernando Valley Corridor, which both ought to bid inside the first region of next yr; and the Turnback Facility project.