Skanska prepares for the expansion of emergency room in Miami, Florida, USA, for USD 90M, about SEK 960M

Rhea-AI Summary

Skanska (SKA) Signs USD 90M Contract with Jackson Health System for Emergency Department Expansion

Positive

• Skanska secures a significant USD 90M contract with Jackson Health System for the expansion of their emergency department, demonstrating strong business growth and potential revenue increase.
• The contract signifies a strategic partnership between Skanska and Jackson Health System, indicating a positive outlook for future collaborations and projects.
• The expansion project highlights Skanska's expertise in healthcare construction, positioning the company as a trusted partner for critical infrastructure development.

Negative

• None.

STOCKHOLM, Dec. 21, 2023 /PRNewswire/ -- Skanska has signed a contract with Jackson Health System to prepare for the expansion of their emergency department (ED) through the demolition of two buildings. The contract is worth USD 90M, about SEK 960M, which will be included in the US order bookings for the fourth quarter of 2023.

The scope of the contract is to create additional space for the approximately 12,100-square meter expansion, that includes construction of additional floors and that will triple the size of the health system's flagship emergency department. It includes the renovation of the existing emergency room to match the expansion.

The full scope of the project includes 207 rooms, including 50 observation rooms and seven patient rooms. The project will also include the relocation and installation of underground utilities to support the larger facility. The cost of the project will total USD 300M upon completion. 

The new ED expansion will be completed in 2025. All renovations to the existing ED will be completed in 2027.

For further information please contact:
Ashley Jeffery, Communications Manager, Skanska USA, tel +1 813 459 3682
Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

The following files are available for download:

https://mb.cision.com/Main/95/3897463/2509057.pdf	20231221 US emergency room
https://news.cision.com/skanska/i/image-emergency-room,c3251202	Image Emergency Room

 

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SOURCE Skanska

FAQ

What is the contract value of Skanska's agreement with Jackson Health System for the emergency department expansion?

Skanska has signed a USD 90M contract with Jackson Health System for the expansion of their emergency department.

What are the key highlights of Skanska's contract with Jackson Health System for the emergency department expansion?

The contract signifies a strategic partnership between Skanska and Jackson Health System, indicating a positive outlook for future collaborations and projects. Additionally, the expansion project highlights Skanska's expertise in healthcare construction, positioning the company as a trusted partner for critical infrastructure development.

What is the significance of Skanska's contract with Jackson Health System for the emergency department expansion?

The contract demonstrates strong business growth and potential revenue increase for Skanska, showcasing their capability in securing significant projects and strategic partnerships in the healthcare construction sector.