Skanska signs contract for new schools in Vancouver, Washington, USA, for USD 44 M, about SEK 390 M

1/11/2019 8:30 AM CET
Press release

Skanska has signed an additional contract with the Vancouver School District in Washington, USA, to build two new adjacent schools on an existing site. The additional contract is worth USD 44 M, about SEK 390 M, which will be included in US order bookings for the fourth quarter 2018. 

This brings the total contract amount to USD 78 M, about SEK 700 M. The initial contract was announced in October 2018.

Construction will be completed in December 2020.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.