Skanska awarded contract for Bermondsey Dive under, worth up to GBP 60 M, about SEK 640 M

5/25/2012 8:30 AM CET
Press release

Skanska today announces it has been awarded a contract worth up to GBP 60 M, about SEK 640 M, by Network Rail Infrastructure for the construction of the Bermondsey Dive-under and associated structure strengthening works. The contract will be included in order bookings for the second quarter.

This project forms part of the Thameslink Development Programme. Under the contract, the Skanska team will be responsible for the design and construction of the Dive-under, a rail underpass structure, and associated strengthening works. Wherever possible, existing structures will be reused to minimize disruption and reduce waste.

Enabling works will begin shortly, and main construction works are scheduled to start in 2014 with full completion of the project planned for spring 2017.

Skanska UK reported revenues of approximately SEK 12.7 billion in 2011, with about 4,200 employees. The company is active in building and civil construction, utilities and building services. In the UK, Skanska is also a leader in Public Private Partnerships, PPPs, also known as Privately Financed Initiatives, PFIs. Skanska has also initiated the development of homes for the UK market.