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Tuesday, January 03, 2012

Skanska joint venture signs $347 million BART contract

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Skanska signed a design-build contract to construct a 16-kilometer (9.9-mile) extension of the Bay Area Rapid Transit system near San Francisco, Calif. Skanska is leading a joint venture with Shimmick Construction and Herzog Contracting Corporation.

Skanska has a 45 percent share of the contract, which amounts to US$347 million, about SEK$2.2 billion. The customer is Santa Clara Valley Transportation Authority.

The project extends the heavy rail rapid transit system to San Jose, Calif. The extension includes two stations, six at-grade crossings and two above grade crossings. The project's alignment proceeds from Warm Springs Station in Fremont and ends in the City of San Jose. Work will commence in February 2012 and is planned to be completed in spring 2016.