Swedish construction and civil engineering company Peab has been selected by Riksdagsförvaltningen to renovate and extend the Members of Parliament Building in Stockholm.
The contract is worth SEK615m ($70m).
The project entails a complete renovation of the entire building which includes replacing all the technical systems with new ones as well as a new five-story building.
Under the contract, Peab will participate in the detailed planning. Production is scheduled to begin in the first quarter of 2019 and the building is expected to be ready in April 2021.
Peab region manager Lars Enroth said: “As the Nordic community builder we are particularly pleased to participate in the renovation of one of the most important buildings in Sweden and construction of a part of the country’s future House of Parliament.”
The Members of Parliament Building is one of several buildings for Members of Parliament. The renovation is part of a larger programme to refurbish Parliament buildings in Stockholm over the next 15 to 20 years.
Peab has offices in Sweden, Norway and Finland.
Earlier in July 2018, Peab secured a SEK157m ($18m) contract from HSB Brf Ättekula to renovate 391 apartments in Ättekula, Helsingborg.
Under the turnkey contract, the company will replace water and sewage pipes in the apartment buildings and renovate the bathrooms.
Work will commence in the fourth quarter of 2018 and will be completed in the second quarter of 2022.
In June, the company won a €15m contract from state-owned rental company A-Kruunu for the construction of a high-rise in the city of Esbo, Finland.
The building will consist of 121 apartments totalling 6,400m².
Work on the turnkey project will begin in August 2018. The apartments are expected to be completed in August 2020.
Also in June 2018, Peab was commissioned by the Kangasala Municipality to demolish old school buildings and build a new school in Vatiala, Kangasala City, Finland. The turnkey contract is worth €12m.
The new, 7,000m² school building will accommodate 600 students from preschool to the ninth grade.
Work began in June 2018 and the school building is expected to be completed in August 2020.
Image: The Members of Parliament Building seen from Mynttorget. Photo: courtesy of Peab AB.