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| Skanska renovate United Nations headquarters in New York Swedish engineering and construction giant Skanska has been selected by the United Nations to serve as the construction manager for the UN's Capital Master Plan (CMP) renovation and upgrading of the international agency's headquarters in New York City. Skanska expects to perform the project on a phased basis through 2014, with a total anticipated value of the work being approximately USD 1 billion, SEK 6.9 billion. Skanska will negotiate, and submit to the UN for approval, separate Guaranteed Maximum Price (GMP) contracts for each phase of the project and include them in the order bookings in the quarter in which the individual GMPs are signed. The rebuild and renovation is the largest investment in UN history. The project involves a complete rebuild and renovation of the UN headquarters, comprising six buildings with total floor space of 242,000 square meters; 2.6 million square feet on 17 acres. The 39-story Secretariat Building was completed in 1950, followed by the Conference Building and General Assembly Building in 1951 and 1952, and other facilities, including the Dag Hammarskjold Library, North Lawn Building and South Annex Building, between 1961 and 1982. write your comments about the article :: © 2007 Construction News :: home page |