Skanska signs contract amendment to build High School in Beaverton, Oregon, USA for USD 211M, about SEK 2.2 billion

Skanska has signed a contract amendment with Beaverton School District for its Beaverton High School Rebuild Project in Beaverton, Oregon, USA. The contract amendment is worth USD 211M, about SEK 2.2 billion, which will be included in the US order bookings for the first quarter of 2024.

The project includes an approximately 28,000 square meter, three-story high school rebuild on an occupied campus. The scope of work consists of demolition of the existing high school buildings, construction of a new high school building, renovations to the sports fields, and site improvements.

Construction is underway and the school is expected to open to students in 2026.

For further information please contact:

Daniela Arellano, Communications Director, Skanska USA, tel +1 -213-317-4977

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

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

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

Skanska Group uses its knowledge and foresight to shape the way people live, work, and connect. We are one of the world’s largest project development and construction companies, with 2023 revenue totaling SEK 157 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our approximately 27,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.