Multiconsult ASA in a joint venture with Cowi wins the prestigious frame agreement for Fornebubanen with Oslo kommune (municipality of Oslo)

Multiconsult ASA, in a joint venture with Cowi and including partners LINK arkitektur and Jotne has been awarded the frame agreement for engineering services for the entire Fornebubanen design project.

Multiconsult ASA, in a joint venture with Cowi and including partners LINK arkitektur and Jotne has been awarded the frame agreement for engineering  services for the entire Fornebubanen design project.

Work under the frame agreement will begin in third quarter 2017 and last for 3  years. The frame agreement includes options for extensions for up to 7 years  after the first phase, with equal terms. The agreement is of significant size  for Multiconsult ASA and a substantial amount is planned to be signed shortly, in the first call-off concerning conceptual and pre-design.

– This is excellent news! We are very excited about winning this frame agreement for a project of such a high professional prestige and with a long-standing public customer. This will be a high priority going forward for the Multiconsult group including LINK arkitektur, says CEO of Multiconsult ASA Christian  Nørgaard Madsen.

The Multiconsult group, with 50 % in the joint venture, will provide engineering  and architectural services from pre-design until the completion of  infrastructure, as well as any subsequent work. In addition to the design of the  entire subway line with infrastructure, the contract includes design of workshop – and deposit-base infrastructure, all subway stations, and the track-connection to Majorstuen hub.

The Fornebubanen development will take place as an agency collaboration between the Oslo kommune and Akershus fylkeskommune (Akershus county municipality). The agency is responsible for the construction of the Fornebubanen subway line, which will stretch between Oslo and Fornebu. The subway line development should also have the capacity to include future traffic growth, help reduce traffic load in the Oslo area and facilitate urban development along the route. Furthermore, the development shall be an attractive and reliable offer in an integrated part of the subway network in Oslo, as well as strengthen the already established collective hubs.

The frame agreement award is subject to a 10 day appeal period.

For further information, please contact:

Investor relations:
Mirza Koristovic, Head of Investor Relations
Phone: +47 93 87 05 25
E-mail: ir@multiconsult.no

Media:
Gaute Christensen, VP Communications
Phone: +47 911 70 188
E-mail: gaute.christensen@multiconsult.no

 

ABOUT MULTICONSULT ASA
Multiconsult is a leading Norwegian multidisciplinary engineering consulting company, with more than 2 400 employees and 45 offices in Norway and abroad. The Company focuses on six business areas: Buildings & Properties, Transport, Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908. In 2015 Multiconsult completed more than 9 000 projects for approx. 4 000 different customers.