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Skanska Wins US$150 Million Contract to Rebuild NY Manhattan Bridge

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Oct 26 2009

Skanska (STO:SKAB) has secured the assignment to rebuild the Manhattan Bridge in New York. The contract value is USD 150 M, corresponding to SEK 1,050 M, which will be included in order bookings for the fourth quarter. The customer is the New York City Department of Transportation.

The assignment involves the replacement of the bridge’s suspension structures. More than 600 suspender cables will be replaced and the four main cables will be re-wrapped. The bearings for the eight main trusses will also be replaced. In addition, inspection platforms will be installed under the bridge and the so-called necklace lighting on the bridge’s two exterior suspender cables will be replaced.

Manhattan Bridge

The work will commence in early 2010, with completion scheduled for mid-2013.

The new assignment is the third to be secured by Skanska for the Manhattan Bridge since 2000. In New York, Skanska has also rehabilitated the Williamsburg Bridge, the Queensborough Bridge and the Triborough Bridge.

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

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