Skanska has entered into a design-build contract with Herzog Contracting and Shimmick Construction to construct an extension of the Bay Area Rapid Transit (BART) system spanning 16 km. Skanska’s share in the contract is 45%, which is USD 347 M, approximately SEK 2.2 billion. Santa Clara Valley Transportation Authority (VTA) is the customer.
The project will enable extension of the heavy rail rapid transit system to California-based San Jose, California. Two stations are a part of the extension, two above-grade and six at-grade crossings. The alignment of the project starts from Fremont-based Warm Springs Station to the City of San Jose. Work will begin in February 2012 and will be done by the spring of 2016.
Skanska USA is a building and development company comprising four business units: Skanska USA Building, concentrating on building construction; Skanska USA Civil, focused on civil infrastructure; Skanska Infrastructure Development, focused on public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in certain U.S. markets. Skanska USA is based in New York has around 7,400 employees and its revenues in 2010 were SEK 34.3 billion.
Skanska is focused on green solutions and is the customer’s first choice for green constructions. The Group has nearly 52,000 employees in certain home markets in Latin America, the US and Europe.
Source: http://www.skanska.com