Skanska wins two Scandinavian contracts worth €87m - Global Construction Review
What happened
The planned facility in will replace a current school and kindergarten (Arkitektkontoret GASA Kvant-1/Skanska) Skanska has signed two contracts in Scandinavia: a €59m contract involving new education and sports facilities in Gjerdrum, southern Norway, and a €28m refurbishment role in Helsinki, Finland. The buildings will target a “Very Good” BREEAM-NOR certification, designed to reduce the municipality’s overall energy use for education and sports facilities by 40%. This matters for Projects (EPC/EPCM & Construction) because contracting activity changes leverage, market appetite, and which clauses buyers can credibly trade with 1, 40, 2028 as the clearest commercial anchors; LSTK vs reimbursable choice is now more valuable
Buyer takeaway
For Projects (EPC/EPCM & Construction), the buyer read-through is commercial leverage: scope, validity windows, reopeners, and term structure may now matter as much as headline pricing
Cost / money
The money issue may come through term structure rather than base price alone, especially if suppliers push for escalation language, shorter validity, or broader pass-through
Supplier / commercial
This is primarily a contracting story: revisit scope boundaries, extension mechanics, and which party carries volatility before those assumptions harden in a live tender
Safety / operations
The main operations question is whether the contract still matches field reality. If scope, response times, or liabilities are vague, the risk usually shows up during execution
What to watch
Watch scope creep, liability pushback, and term changes that move volatility back onto the buyer even if the base rate looks manageable
Key facts
- The planned facility in will replace a current school and kindergarten (Arkitektkontoret GASA
- The buildings will target a “Very Good” BREEAM-NOR certification, designed to reduce the muni
- In Finland, Skanska will work for Helsinki University Properties to refurbish laboratory faci
- The primary works relate to modernising building services across a 9,000-sq-m area to current
