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Tue July 23 2024

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Skanska JV bags $347m transit contract

4 Jan 12 Skanska has signed a design and build contract to build a 16km extension of the Bay Area Rapid Transit (BART) system in the US state of California.

Skanska is leading a joint venture with Shimmick Construction and Herzog Contracting Corporation. Skanska has a 45% of the contract, which amounts to US$347m (£222.7m). The client is Santa Clara Valley Transportation Authority (VTA).

The project extends the heavy rail rapid transit system to San Jose, California. The extension includes two stations, six at-grade crossings and two above-grade crossings. The project’s alignment proceeds from Warm Springs Station in Fremont and ends in the City of San Jose. Work will start next montth and is planned to be completed in spring 2016.

Skanska has also been awarded a rail contract in Argentina for the 83km extension of a railway from the province of Neuquén to the Port of Bahía Blanca. The contract is a joint venture with local companies Chediack and Milicic. The total amount of the contract is ARS570m (£85m), of which Skanska’s share is 33.4%. Client for the scheme is mining company Potasio Río Colorado.

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