Skanska awarded highway contract in Tampa, Florida, for USD 150 M, about SEK 1 billion
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, Florida. The total value of the contract is USD 215 M, about SEK 1.46 billion. Skanska’s share of the contract is 70 percent, approximately USD 150 M, about SEK 1 billion, which will be included in order bookings for Skanska USA Civil for the second quarter 2012.The improvements to I-275 include replacing the existing highway with four northbound through