Skanska lands road-maintenance contract valued at SEK 330 M

Skanska lands road-maintenance contract valued at SEK 330 M Skanska has been awarded the operations and maintenance assignment for the road network in the Örnsköldsvik and Kramfors areas. The contract is valued at SEK 330 M and encompasses some 2,200 kilometers of roads. The customer is the Swedish Road Administration, Central Region. The agreements cover six and five years, respectively, with options for two-year extensions in each area. The options for both contracts are valued at an additional SEK 115 M. The assignment covers asphalt roads as well as gravel and forest roads. The maintenance work includes, snow-clearing, salting, road signs, railings and rest areas. However, reinforcement measures are not included; these will be covered in separate contracts. Since 1993, Skanska has been responsible for operation and maintenance of about 10,000 kilometers of the Swedish road network. "We have been working to secure operations and maintenance contracts in Norrland for some time. This type of assignment creates continuity and, therefore, it is an important base for our future operations. Accordingly, this is a commercially important contract that creates many new opportunities. It also supports our ambition of being the leading road builder," says Jan-Arle Karlsson, Skanska's district manager in Kramfors. For further information please contact: Jan-Arle Karlsson, District Manager, Skanska Road Kramfors, Tel + 46-612-71 60 50, + 46-70-310 23 66. This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/02/20010502BIT00400/bit0001.doc http://www.bit.se/bitonline/2001/05/02/20010502BIT00400/bit0001.pdf