MTA Awards $498M Contract to Skanska for Second Avenue Subway Work

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Skanska and partners secured a $1.02 billion contract to build the next phase of New York City's Second Avenue Subway extension. Skanska's share of the contract amounts to $498 million for construction and development work.

Development and construction group Skanska and two other civil engineering firms have landed a $1.02 billion contract to build the next phase of New York City’s Second Avenue Subway extension, the company announced. Skanska will get $498 million for its share of the project, while Traylor Brothers and Walsh Construction will take the remaining shares […]