Press release 📈 Stocks 🌍 Sweden

Sweco Secures 500 MSEK Framework Agreements with Specialfastigheter

Engineering firm Sweco lands 500 MSEK in framework agreements with Specialfastigheter to support the development and management of critical high-security infrastructure across Sweden.

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Sweco has secured three framework agreements with the state-owned property company Specialfastigheter, with an estimated total order value of 500 MSEK. These contracts, which span from January 2027 to January 2029, involve providing multidisciplinary expertise in project management, design, and feasibility studies for high-security facilities such as prisons and courthouses. While the agreements do not guarantee specific volumes, they represent a significant long-term engagement in the critical infrastructure and security sector.

Catalysts
  • ▲ Securing three framework agreements with Specialfastigheter
  • ▲ Estimated order value of 500 MSEK
Risk Factors
  • ▼ Framework agreements do not guarantee specific work volumes
  • ▼ Contract start date is delayed until January 2027
▼ Show FAQ (2) ▲ Hide FAQ
What is the duration of the framework agreements?

The agreements are valid from January 2027 to January 2029, with an option to extend for two additional years, one year at a time.

What type of services will Sweco provide?

Sweco will provide feasibility studies, design, project management, and construction management for high-security properties.

🎯 Key Takeaways

  • Sweco wins three framework agreements valued at approximately 500 MSEK.
  • The contracts focus on high-security facilities for the Swedish Police, Prison Service, and courts.
  • The agreement period runs from January 2027 through January 2029, with two potential one-year extensions.

📝 Executive Summary

Sweco has been awarded three framework agreements by the state-owned property company Specialfastigheter, with an estimated total value of 500 million SEK. The contracts cover project management, design, and planning for high-security facilities including prisons and courthouses, spanning from 2027 to 2029 with potential extensions.

❓ FAQ

What is the scope of the work Sweco will perform for Specialfastigheter?

Sweco will provide project and construction management, feasibility studies, and design services for high-security properties managed by the state-owned company.

Does the 500 MSEK value represent a guaranteed revenue stream?

No, the 500 MSEK is an estimated value for the framework agreements, which do not guarantee specific work volumes.