FDOT Races to Re-Open Storm-Damaged Pensacola Bridge Jim Parsons February 23, 2021 No Comments Pensacola Bay bridge construction became a repair effortRead More
COVID-19 Impacts Bottom Line of Two Euro Giants Peter Reina February 5, 2021 No Comments French contractor Vinci Group reports 14% drop in domestic construction revenue last year, while Sweden-based Skanska AB says cost control drove margins up 2.5%Read More
Construction Lawsuits Lane Construction Sues JV Partner Skanska Over Orlando I-4 Project Scott Judy January 26, 2021 3 Comments Lane says that the contractors stand to "suffer enormous financial losses."Read More
Skanska Continues US P3 Concession Exit With Sale of Va. Toll Tunnels Jim Parsons November 12, 2020 No Comments Contractor sells 50% equity stake in Elizabeth River Crossings to Spanish toll road manager Abertis in $2.4B deal, but team will manage O&M.Read More
Skanska Will Work With Florida on Barge-Caused Damage to Pensacola Bay Bridge Jim Parsons September 20, 2020 No Comments Contractor for recent $430-million upgrade of span says its hurricane-caused eastward shift was "unprecedented and entirely unexpected."Read More
Hurricane Sally Knocks Out Pensacola Bay Bridge Other impacts include widespread power outages and localized flooding Mary B. Powers Pam Radtke Russell Scott Blair September 16, 2020 2 Comments An evaluation of the damage may occur as early as Thursday, Sept. 17.Read More
Milestone Reached in $8B NYC LaGuardia Airport Revamp Aileen Cho June 10, 2020 No Comments Public-private partnership team opens first area of $4-billion terminal redevelopment, signaling 80% completion of that projectRead More
Skanska-D.W. White JV To Build First Large Package of South Coast Rail Project Three-year project will connect southeastern Massachusetts and Boston Scott Van Voorhis May 12, 2020 No Comments Skanska DW White JV won a nearly $159-million contract to build the first major construction package of South Coast Rail Phase 1. Read More
Construction Risk Management Skanska and Seattle Condo Developer Seek To Resolve Costly Tangle Of Disputes Richard Korman May 4, 2020 No Comments Why the big contractor hit a nearly sold out high-rise apartment building's developer with a $34-million lien.Read More
Finance Skanska Posted Record Q1 Revenue. Outlook for Q2? Not So Great The company says 370 projects are affected by virus-related delays or added costs Richard Korman April 29, 2020 No Comments The company says in results call that its second-quarter is filled with uncertainty.Read More