Skanska to rehabilitate the Manhattan Bridge for the New York City Department of Transportation, USA, for USD 76 M, about SEK 675 M

Skanska has signed a contract with the New York City Department of Transportation (NYCDOT) to rehabilitate the iconic Manhattan Bridge. The contract is worth USD 76 M, about SEK 675 M, which will be included in the US order bookings for the third quarter of 2018.

The bridge, which was originally built in 1909, is the most heavily traveled of the East River bridges, and accommodates more than 85,000 vehicles, 4,000 bicyclists, and 340,000 transit riders on an average weekday. As part of this contract, Skanska is performing significant structural and component rehabilitation on various aspects of the bridge.

Skanska will also be making upgrades to the bridge’s safety and maintenance features, including its fire suppression system and its dehumidification and drainage infrastructure.

Construction on the project is slated to start this fall and finish in spring of 2021.

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 in its operations.

For further information, please contact:

Patric Elmén, acting Head of Media Relations, tel +46 (0)10 449 31 34

Michael Iacovella, Senior Director Communications Northeast, tel +1 917 438 3377

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.