Multiconsult ASA signs a call-off under the Fornebubanen frame agreement with Oslo commune (municipality of Oslo)

Multiconsult has signed a call-off for pre-design work for Fornebubanen. The value of the call-off is approximately NOK 21 million for Multiconsult. The pre-design work has already started and will last until the end of April 2018.

An engineering group called PG Fornebubanen (PGF) consisting of Multiconsult and Cowi has been established. Total call-offs signed so far under the Fornebubanen frame agreement amount to approximately NOK 33 million, including the NOK 21 million.

The Fornebubanen development will take place as an agency collaboration between the Oslo kommune and Akershus fylkeskommune (Akershus county municipality). The agency is responsible for the construction of the Fornebubanen subway line, which will stretch between Oslo and Fornebu. The subway line development should also have the capacity to include future traffic growth, help reduce traffic load in the Oslo area and facilitate urban development along the route. Furthermore, the development shall be an attractive and reliable offer in an integrated part of the subway network in Oslo, as well as strengthen the already established collective hubs.

Multiconsult, with 50 % in a joint venture with Cowi, will provide engineering services from pre-design until the completion of infrastructure, as well as any subsequent work. In addition to the design of the entire subway line with infrastructure, the contract includes design of workshop – and deposit-base infrastructure, all subway stations, and the track-connection to Majorstuen hub.

For further information, please contact:

Investor relations:
Mirza Koristovic, Head of Investor Relations
Phone: +47 93 87 05 25
E-mail: ir@multiconsult.no

Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no