Two new contracts of Skanska

Skanska informed about two new contracts, one in the United States and one in Sweden.

The first contract was signed with the University of South Florida to build the Morsani College of Medicine and Heart Institute tower in Tampa, Florida. The agreement is worth USD 41 million, which will be included in the US order bookings for the second quarter 2017.

The new education and research tower will be located in an urban setting of the downtown area of the city. With about 38 000 sq. meters, the building will consist of an anticipated 14 levels.

Construction will begin in August 2017, and the project is expected to be complete in December 2019.

The second contract was signed with Västfastigheter to build a care facility at Kungälv Hospital, Sweden. It is worth about SEK 940 million, which will be included in the Nordic order bookings for the third quarter 2017.

The seven-storey care center (buildings 16-18) will be about 33 000 sq. meters and comprise 280 single-family care rooms. Skanska signed a strategic partnership agreement with Västfastigheter in 2016 aimed at developing and building the New Kungälv Hospital.

The intention is that the building will be certified according to Miljöbyggnad Gold. The environmental classification system Miljöbyggnad is administered by the Swedish Green Building Council and certifies new and existing buildings focusing on energy, indoor environment and materials.

Construction has begun and will be completed in two handovers during the third quarter 2019 and the third quarter 2020.