Skanska builds the new Pensacola Bay Bridge in Florida, USA, for USD 399M, about SEK 3.3 billion

Press release 8/25/2016 5:00 AM EST

Skanska has signed a contract with the Florida Department of Transportation to construct the Pensacola Bay Bridge in Florida, USA. The contract is worth USD 399M, about SEK 3.3 billion, which will be included in the order bookings for Skanska USA Civil in the third quarter 2016. 

The design-build contract is to replace the existing bridge over Pensacola Bay with two new, three-lane bridges, connecting the cities of Pensacola and Gulf Breeze. Each new bridge will have a length of just over three miles, about five kilometers. The total project length is 3.7 miles, about six kilometers, including the roadway approaches on each end of the bridges.

Construction is scheduled to begin in the third quarter 2016 and the project is slated for completion in August 2020.