Skanska signs contract to rehabilitate the Longfellow Bridge in the northeast of USA for USD 89 M, about SEK 573 M
Skanska has signed a USD 89 M, about SEK 573 M, contract with the Massachusetts Department of Transportation (MassDOT) to design and rehabilitate the historic Longfellow Bridge. The project is a joint venture with J.F. White Contracting Company and Consigli Construction. The total project value is USD 255 M, about SEK 1.6 billion. Skanska will include its full 35 percent share of the contract, totaling USD 89 M, about SEK 573 M, in order bookings for Skanska USA Civil for the first quarter 2013.
Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 8,300 employees and its 2012 revenues were SEK 37.3 billion.