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home / news releases / SKSBF - Skanska Rehabilitates Benjamin Franklin Bridge USA for USD 195 M About SEK 1.9 Billion


SKSBF - Skanska Rehabilitates Benjamin Franklin Bridge USA for USD 195 M About SEK 1.9 Billion

ÖSTERSUND, Sweden, April 9, 2020 /PRNewswire/ -- Skanska has signed a contract with Delaware River Port Authority to rehabilitate the Benjamin Franklin Bridge connecting Philadelphia, Pennsylvania to Camden, New Jersey, USA. The contract is worth approximately USD 195 M, about SEK 1.9 billion, which will be included in the US order bookings for the first quarter 2020.

The project includes the rehabilitation of an iconic suspension bridge encompassing over 1,100 meters (3,500 feet) from anchorage to anchorage, carrying seven lanes of traffic and two rail lines. It also includes the installation of a main cable dehumidification system and elastomeric wrapping, walkway widening, painting, miscellaneous steel repairs, rehabilitation of the anchorages, and decorative lighting. 

Construction began in February 2020 and is scheduled for completion in December 2024.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 74 billion and about 7,900 employees in its operations in 2019.

For further information please contact:
Brittany Felteau
Communications Manager
Skanska USA
Tel: +1-617-574-14-85

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.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-rehabilitates-benjamin-franklin-bridge--usa--for-usd-195-m--about-sek-1-9-billion,c3084887

The following files are available for download:

https://mb.cision.com/Main/95/3084887/1227272.pdf

20200409 US bridge rehabilitation

 

SOURCE Skanska

Stock Information

Company Name: Skanska AB
Stock Symbol: SKSBF
Market: OTC

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