Skanska Secures USD 120M Supplemental Award for Waterfront Facility Upgrade in Eastern USA
(IN BRIEF) Skanska, a leading construction company, announces a supplemental award worth USD 120 million for preconstruction work and early commitments toward upgrading a waterfront facility in Eastern USA. This award, equivalent to approximately SEK 1.2 billion, will contribute to Skanska’s US order bookings for the first quarter of 2024. The additional funding will support ongoing early procurement activities, with construction set to extend into 2026, marking a significant milestone in Skanska’s commitment to enhancing infrastructure in the region.
(PRESS RELEASE) STOCKHOLM, 11-Mar-2024 — /EuropaWire/ — Skanska has signed a supplemental award with an existing client for preconstruction work and early commitments for the planned construction phase to upgrade a waterfront facility in Eastern USA. This supplemental award is worth USD 120M, about SEK 1.2 billion, which will be included in the US order bookings for the first quarter of 2024.
This supplemental award will facilitate ongoing early procurement activities.
Procurement for this project commenced in the first quarter of 2024 and construction activities covered by this award will extend into 2026.
This and previous releases can also be found at www.skanska.com.
Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.
Media Contacts:
Chris Mckniff
Communications Director, Skanska USA
tel +1 (347) 409 2719
Jacob Birkeland
Head of Media Relations & Public Affairs
tel +46 (0)10 449 19 57
Direct line for media
tel +46 (0)10 448 88 99
SOURCE: Skanska AB
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