The construction giant Skanska cancel surprising a contract worth billions. According to information, it shall move on the construction of Apple’s new headquarters.
Skanska canceled construction contracts in the US, worth the equivalent of SEK 6.7 billion, after the construction company does not agree with the customer on the work, relates according to sources, Apple’s new headquarters. The newspaper writes Property World.
Skanska, who never commented that had the mission to Apple, declined to comment the information.
Apple’s total cost of the project for the new headquarters in northeastern Cupertino in California has been estimated at 4-5 billion dollars, about 35-40 billion.
In a press release announced that Skanska and its partners after negotiations have not agreed with the customer about the conditions for further work. The customer has chosen to terminate the agreement, the company said. The order will be canceled in the second quarter of 2015th
“We know of course why the contract is terminated. We have not managed to agree on how we should work on. It’s not that we have neglected us or done something wrong without the customer has chosen to move forward with someone else. I can not go into detail in that it is still under negotiation around how this should be regulated, “says Skanska’s Press Officer Edvard Lind, in a comment to the news agency Direkt.
Friday’s statement is one in a series of canceled contracts for Skanska USA Building, which has been forced to back its order flow in all cases, four times in the past year.
How do you view the risk of further cancellations?
“It’s very rare that an order within Building canceled. I do not see that there is no trend. It is a very small number of orders it becomes like this, but it hit so big it This time is because it is such a great project. The number of cancellations is moving in a couple of percent per year, in terms of order backlog, “said Edvard Lind.
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