Skanska and Costain have been awarded the Crossrail Paddington station project to be undertaken in a 50/50 joint venture.
The contract value is around £150m with Skanska’s share amounting to £75m, which will be included in order bookings for the third quarter.
The new Crossrail Paddington station is the first station contract to be awarded as part of the Crossrail program to connect east and west London.
The new station has been designed to maximize space while preserving the historical features of the main line station Paddington.
Work will begin immediately and is scheduled for completion in 2018.
