Skanska Awarded Highway Contract in Florida

Press release 6/14/2012 12:00 AM EST

Skanska has, in a joint venture with Ajax Paving Industries, been awarded a contract from the Florida Department of Transportation to design and reconstruct I-275 (SR 93) between SR-60 (Memorial Highway) and the Hillsborough River in Tampa, Fla. The total value of the contract is $215 million. Skanska’s share of the contract is 70 percent, approximately $150 million, which will be included in order bookings for Skanska USA Civil for the second quarter 2012.