Skanska signs additional contracts for office improvements in western USA for $246 million

Press release 4/8/2020 8:00 AM EST

Skanska has signed additional contracts with an existing client for improvements to their corporate office in the western USA. The incremental contracts with our joint venture of Skanska Balfour Beatty are worth $492 million. Skanska’s part is worth $246 million which will be included in the US order bookings for the first quarter 2020.

Construction is underway and is scheduled for completion in April 2021.