ConDig (19-Feb-19).  Swedish developer and contractor Skanska has accelerated away with a $96 million contract to widen State Route 60 in Riverside, California.

Under the deal with Riverside County Transportation Commission, the company will widen State Route 60 for about 4.5 miles to accommodate adding truck climbing lanes on the east and westbound sides. The inside and outside shoulders will be upgraded to standard widths and the existing asphalt concrete pavement will be upgraded to jointed plain concrete pavement. 

Construction will kick off in May this year and the project is slated for completion December 2021.

In January, Skanska announced that it had secured three contracts worth a total of $178 million to new build school buildings across the US. 

The latest deals come on the heels of Skanska’s $128 million contract signed this week to construct an academic building at the Brookline High School in Massachusett

A joint venture led by Skanska secured a $169 million contract in December to upgrade the Chelsea Viaduct Bridge in Boston, Massachusetts.

In November, another joint venture led by Skanska bagged a 75 million contract to build four schools in Harrison, Ohio. The company also reported in November that operating income tumbled 49% in the third quarter to Swedish crowns (SEK) 2.4 billion compared with SEK 4.7 billion a year earlier, while order intake at the group’s construction division, which books the bulk of group sales, was 30.6 billion Swedish crowns ($3.40 billion) compared with 34.1 billion in the year-ago period.