Skanska to Rehabilitate Historic Manhattan Bridge for SEK 1 billion


STOCKHOLM, Sweden, Oct. 20, 2004 (PRIMEZONE) -- Skanska has been awarded a contract to rehabilitate the Manhattan Bridge in New York City. The contract, amounting to USD 148 million, slightly more than SEK 1 billion, will be signed shortly and included in the order bookings for the fourth quarter. The customer is the New York City Department of Transportation.

The assignment is for comprehensive refurbishment and reinforcement of the bridge structure. The contract includes steel and concrete work. Most of the assignment consists of replacing lateral supports, retaining walls and roadways on the approach and suspended bridge spans in Manhattan and Brooklyn. The project also calls for comprehensive paving and painting work, plus installation of signal systems and a fire standpipe system.

For a period of up to 12 months, replacement of the center roadway will take place while the roadway is closed to vehicular traffic. Also included in the scope of work is the replacement of the bridge's suspenders and joints in the lower roadway.

The project will be implemented by Skanska USA Civil's unit Koch Skanska. Work will commence early next year and is scheduled for completion in 40 months.

Since 2001, Koch Skanska has worked on a USD 189 M contract from New York City Department of Transportation for the rehabilitation of the north spans of the Manhattan Bridge. This project was completed in August 2004.

Manhattan Bridge is a suspended bridge that was originally completed in 1909. It links southern Manhattan with Brooklyn. The bridge is 2 kilometers long and consists of seven lanes at two levels for automotive traffic and four tracks for subway trains. The bridge is crossed by approximately 150,000 vehicles and 220,000 subway travelers each day.

For further information please contact:

Karen Diemer, Communications Manager, Skanska USA Civil, tel +1 718 746 2785 Anna Wenner, Press Officer, Skanska AB, tel, +46 8 753 88 39

This and previous releases can also be found at www.skanska.com

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/10/20/20041020BIT20130/wkr0001.pdf



            

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