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Mon March 01 2021

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Skanska signs $183m of US contract extensions

9 Oct 14 Skanska has secured additional contracts worth a total of US$183m (£114m) on two building projects in the USA.

A joint venture including Skanska has won an additional contract as construction manager of a research and development facility that is currently under way. Skanska’s 50% share is US$136m and the company anticipates additional amendments to the contract as subsequent work and associated prices are agreed to.

Skanska has also received an additional contract of US$47m for commercial interiors for Skanska USA Commercial Development’s existing project in the Seaport district of Boston.  The project is a 17-floor office and commercial building with ground floor retail, targeting a minimum of LEED Gold certification. The project is expected to be completed in the fourth quarter 2015.

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