Skanska rehabilitates Chelsea Viaduct Bridge in Boston, MA, USA, for USD 85 M, about SEK 770 M

Skanska has, in a joint venture with McCourt Construction, signed a contract with the Massachusetts Department of Transportation to rehabilitate the Chelsea Viaduct Bridge in Boston, MA, USA. The total contract is worth USD 169 M, about SEK 1.5 billion. Skanska USA will include its share of the contract worth USD 85 M, about SEK 770 M, in the U.S. order bookings for the fourth quarter of 2018.

The scope of work includes the rehabilitation of the Chelsea Viaduct Bridge that carries Route 1 over Fifth Street, Arlington Street, MBTA Commuter Rail, Spruce Street, Carter Street, and Orange Street, as well as the reconstruction of all approach roadways, and the rehabilitation of the Tobin Bridge upper deck over Chelsea Local Streets and Mystic River.

Construction is set to begin in December 2018 with completion scheduled for July 2021. The project architect is HNTB.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information please contact:

Michael Iacovella, Communications, Skanska USA, tel +1 (917) 438 33 77

Patric Elmén, Press Officer, Skanska AB, tel +46 (0)10 449 31 34

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.