Groundwater treatment plant construction contract awarded to Skanska

STOCKHOLM, Sweden, May 10, 2010 -- Skanska is to lead the construction of a groundwater treatment plant in Hanford, WA...

May 10th, 2010

• USD 50 M contract to use government stimulus support

STOCKHOLM, Sweden, May 10, 2010 -- Skanska is to lead the construction of a groundwater treatment plant in Hanford, WA, U.S.A. The contract amounts to USD 50 M, approximately SEK 360 M, and will be included in order bookings for the second quarter.

The customer is CH2M HILL, a company active within the energy, chemicals and environmental sectors. The project is to receive support from the U.S. government stimulus package, the American Recovery and Reinvestment Act.

Skanska secured the assignment based on an overall valuation of price, technical expertise and its track record in green construction and safety.

The new plant will be constructed with the aim of meeting the demands for Gold-level certification in accordance with the international LEED environmental system. To date, Skanska has built more than 100 projects that have received or applied for LEED certification.

The project comprises an approximately 5,000 square-meter operations and processing building, 200 West Groundwater Treatment System, for groundwater treatment. The finished plant, with a capacity of 7.6 cubic meters per minute, will treat groundwater containing radioactive and biological contaminants. After processing, the groundwater will be of drinking water standard in order to prevent leakage of contaminants into the nearby Columbia River.

Work on the site will commence in the summer and will be completed in 2011. The construction management assignment will be conducted by Skanska USA Building's office in Seattle, Washington.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 7,000 employees and its 2009 revenues were SEK 44 billion.

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