Skanska awarded an additional GBP 24M, about SEK 320M, towards works on the A428 road in the UK
Skanska has been awarded an additional GBP 24M, about SEK 320M, under its existing contract with National Highways towards works on a new 16-kilometer dual carriageway on the A428 road in the East of England. This will be included in the order bookings for Europe in the fourth quarter 2023.The award relates primarily to increased costs caused by a legal challenge to the scheme. These costs relate to a delay to the start of construction and the associated impact of high inflation. The total contract, now valued at GBP 679M, about SEK 9.0 billion, involves the design and construction of a