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home / news releases / SKBSY - Skanska secures $63M additional contract to expand hospital in Portland

SKBSY - Skanska secures $63M additional contract to expand hospital in Portland

Skanska AB ADR
  • Skanska ( OTCPK:SKSBF ) inks a contract amendment with Oregon Health & Science University for its Hospital Expansion Project in Portland, Oregon, USA for early site and foundation work and long lead equipment procurement.
  • The contract amendment is worth USD 63M, about SEK 620M, which will be included in the US order bookings for the third quarter 2022.
  • Construction is underway and completion for work under the amendment is scheduled for the end of June 2023.
  • Work on the OHSU Hospital Expansion Project commenced in April 2022, and substantial completion is scheduled for 2026.

For further details see:

Skanska secures $63M additional contract to expand hospital in Portland
Stock Information
Company Name: Skanska AB ADR
Stock Symbol: SKBSY
Market: OTC
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