Skanska USA Building, selected by the United Nations in July 2007 to serve as construction manager for the UN’s Capital Master Plan, is set to start another phase for renovation and upgrading of the international agency’s headquarters in New York City.

The current phase includes the renovation of the basement and the completion of a temporary conference facility in the North Lawn Conference Building, and temporary office premises in which Skanska was awarded a new contract of approximately $261 million.

The project will be performed on a phased basis through 2013 and will total approximately $1 billion upon completion. To date, including the current contract, $520 million of the total contract amount has been used and included in the order bookings.