Key facts
- Skanska, Traylor Bros., and Walsh Construction formed a joint venture.
- The joint venture signed a contract with the MTA for Phase II of the Second Avenue Subway Program.
- The contract is for work in New York, USA.
- The total contract value is USD 498 million.
The Second Avenue Subway is a major public transportation project in New York City aimed at expanding subway service along the East Side of Manhattan. Phase II represents a significant expansion of this ongoing infrastructure development, with Skanska's joint venture securing a substantial contract for its execution.