Wednesday, February 08, 2012

Skanska awarded New York subway contract

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Skanska USA’s civil construction business unit announced Wednesday it has signed a $261.9 million contract with New York’s Metropolitan Transportation Authority for the Second Avenue Subway project in New York City.

Skanska’s share of the contract is about $87 million. The joint venture includes LK Comstock and Co., a subsidiary of RailWorks, which will construct the track and systems for Phase I of the Second Avenue Subway, Skanska said.

The project includes the installation of track, train signals, communications systems, and traction power between 105th Street and the existing subway station at 63rd Street. Additional project work includes modification of existing facilities and systems to ensure connectivity with the Second Avenue Subway system. The joint venture will also construct three rail crossovers along this route, allowing trains to switch tracks and therefore increasing line flexibility.

Work will commence this month, with anticipated completion in the fall of 2016, Skanska said.

The project is Skanska’s third contract for the construction of Phase I of the Second Avenue Subway project, which is proceeding after decades of proposals, plans, and failed or perted funding stretching back to 1929.