Veidekke: Signed strategic framework agreement with the Danish Building and Property Agency
Veidekke's Danish subsidiary Hoffmann A/S and the Danish Building and Property Agency have signed a strategic framework agreement concerning design and build projects. The four-year agreement, starting in 2025, has an expected total volume of DKK 6 billion.
According to the agreement, Hoffmann A/S will contribute to safe and efficient execution of projects through close, recurring and committed collaboration involving fewer contracts and interfaces. All construction projects with a value in excess of DKK 3 million can be executed through the strategic framework agreement.
“We are pleased to enter into this agreement with Hoffmann A/S. It is an important milestone for the Building and Property Agency, and we look forward to entering into a cooperation model where we find good solutions together, and where learning can be transferred from project to project, with a focus on delivering buildings to the agreed budget, time and quality,” says Signe Primdal Lyndrup, acting director of the Danish Building and Property Agency.
“We are proud of the trust bestowed on Hoffmann A/S and our partners by the Danish Building and Property Agency. The Agency is pioneering new forms of trust-based collaboration, featuring a precise execution model which ensures that we can supply buildings to the agreed budget, quality and time – thus succeeding together,” says Torben Bjørk Nielsen, CEO of Hoffmann A/S.
As the Danish state's largest property company, the Danish Building and Property Agency develops premises for universities, the police, courts and central administration.
Individual projects under the framework agreement will be included in the order book for the respective quarter during which they are signed.
Suggested photo caption:
Torben Bjørk Nielsen from Hoffmann A/S and Signe Promdal Lyndrup from the Danish Building and Property Agency sign four-year strategic framework agreement.
For more information, contact:
Jørgen Wiese Porsmyr, CFO Veidekke ASA, telephone +47 907 59 058
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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit every year since its inception in 1936.