Posted in | News

Skanska Signs Contract for Expansion of New York City Ferry Service Program

Skanska has signed a contract with New York City Economic Development Corporation to build ten new ferry landings and upgrade three ferry landings as part of New York City’s new Citywide Ferry Service Program.

The contract is worth USD 45 M, about SEK 380 M, and will be included in the order bookings for Skanska USA Building for the third quarter of 2015.

Construction will begin in spring 2016 and substantial completion is expected in summer 2018.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2014 revenues were SEK 43.5 billion.

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act. Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 58,000 employees in selected home markets in Europe and North America. Skanska's sales in 2014 totalled SEK 145 billion.

Source: http://www.skanska.com/

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Skanska. (2019, February 21). Skanska Signs Contract for Expansion of New York City Ferry Service Program. AZoBuild. Retrieved on April 25, 2024 from https://www.azobuild.com/news.aspx?newsID=20667.

  • MLA

    Skanska. "Skanska Signs Contract for Expansion of New York City Ferry Service Program". AZoBuild. 25 April 2024. <https://www.azobuild.com/news.aspx?newsID=20667>.

  • Chicago

    Skanska. "Skanska Signs Contract for Expansion of New York City Ferry Service Program". AZoBuild. https://www.azobuild.com/news.aspx?newsID=20667. (accessed April 25, 2024).

  • Harvard

    Skanska. 2019. Skanska Signs Contract for Expansion of New York City Ferry Service Program. AZoBuild, viewed 25 April 2024, https://www.azobuild.com/news.aspx?newsID=20667.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.