Skanska secures highways maintenance contract in Devon, England
Skanska, a global project development and construction company, has secured a seven-year highways maintenance contract from Devon County Council, in the south west of England.
The total value of maintenance contract is £245m, and the first two years of revenue £70m will be included in order bookings for Skanska UK in the fourth quarter 2016.
As per the terms of the contract, Skanska will be responsible for an array of works that will be carried out on the highways that include winter maintenance, planned and reactive maintenance, emergency response and horticulture management, and will also bring social value to communities in Devon.
It will also concentrate on local employment and skills, local supply chain and delivering community projects to bring a more inclusive approach to highways maintenance.
The contract will begin from 1 April next year and is expected to go untill 31 March 2024, with extension options for up to a further three years.
This contract sees further growth for Skanska’s highway maintenance delivery in the south west of England, where it already maintains about 16,000km, or 6,000 miles, of roads.
Apart from roads and highway constructions, Skanska is active in building and civil construction, utilities and building services, as well as facilities management and commercial development.