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Skanska AB signs contract to design and build new Kosciuszko Bridge in New York City

Monday, 16 Jun 2014 02:30am EDT 

Skanska AB:Says it has signed a contract with New York State Department of Transportation to design and build new Kosciuszko Bridge.Total project value is $555 mln and Skanska will include its 45 pct share of the project value, about $250 mln, about 1.6 bln Swedish crowns, in order bookings for Skanska USA Civil for the second quarter.In Skanska-led venture with Kiewit and ECCO III Enterprises, Skanska will design and build new eastbound structures for Kosciuszko Bridge to carry Brooklyn-Queens Expressway between Morgan Avenue in Brooklyn and Long Island Expressway Interchange in Queens.Skanska will also perform demolition of existing bridge structures and buildings on acquired properties to clear right-of-way for construction activities.Project also includes reconstruction and realignment of local at-grade streets impacted by new construction or demolition activities; relocation of existing utilities from impacted local streets and construction of new drainage system and sewer facilities.Construction has begun and substantial completion is expected in early 2018. 

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-0.3 -0.18%
19 Dec 2014