{"id":1004036496,"date":"2012-02-13T06:40:57","date_gmt":"2012-02-13T14:40:57","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004036496"},"modified":"2022-12-07T03:07:03","modified_gmt":"2022-12-07T11:07:03","slug":"skanska-awarded-87m-nyc-subway-construction-contract","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/skanska-awarded-87m-nyc-subway-construction-contract\/","title":{"rendered":"Skanska Awarded $87M NYC Subway Construction Contract"},"content":{"rendered":"<p><strong>February 13, 2012<\/strong><br \/>\n<em>By Barbra Murray, Contributing Editor<\/em><\/p>\n<p>Skanska USA&#8217;s civil infrastructure division, Skanska USA Civil, in a joint venture with RailWorks subsidiary LK Comstock and Co., has secured a contract with the Metropolitan Transportation Authority to provide construction services for the Second Avenue Subway systems project in New York City. The project has a construction cost of $261.9 million, $87 million of which will go to Skanska.<\/p>\n<p>The partners&#8217; work will involve the modification of existing facilities, as well as track construction and the installation of systems for Phase I of the Second Avenue Subway. Work is on schedule to get underway in February 2012, with an estimated completion date in fall 2016.<\/p>\n<p>Skanska USA Civil is no stranger to MTA infrastructure projects. In 2007, the firm won a contract valued at $400 million for the $1.1 billion extension of the 7 Subway Line. Additionally, in 2011, the firm inked a $386 million deal to furnish and install finishes and systems for the line&#8217;s extension.<\/p>\n<p>And it has already been a busy year on the tracks for Skanska USA Civil. In addition to the new MTA assignment, the company kicked off 2012 with the announcement of a $347 million, joint venture design-build contract with the Santa Clara Valley Transportation Authority for the construction of a 10-mile BART system extension in California&#8217;s Silicon Valley area.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Skanska USA&#8217;s civil infrastructure division, Skanska USA Civil, in a joint venture with RailWorks subsidiary LK Comstock and Co., has secured an $87 million contract with the Metropolitan Transportation Authority to provide construction services for the Second Avenue Subway systems project in New York City. <\/p>\n","protected":false},"author":1201,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21742,10],"tags":[],"class_list":["post-1004036496","post","type-post","status-publish","format-standard","hentry","category-development","category-latest","category-northeast"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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