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Skanska-Led Joint Venture Awarded $625M Contract for the Design-Build of the I-95 15 Project in Rhode Island

PROVIDENCE, RI — Skanska, a global construction and development firm, announces that its joint venture along with McCourt Construction and AETNA Bridge Company has been awarded a $625 million contract by the Rhode Island Department of Transportation (RIDOT) for the design-build of the I-95 15 project. The project will remove 15 bridges from the state’s backlog of poor and fair to poor condition bridges along I-95 and Route 10 between Providence and Warwick, a critical corridor that carries 185,000 vehicles daily, including 9,000 trucks and heavy freight vehicles.

“We’re incredibly excited to be a part of this complex design-build mega project for the Rhode Island Department of Transportation,” said Paul Pedini, Senior Vice President for Skanska USA Civil’s New England region. “The project will revitalize key components of the roadway’s infrastructure, aid in alleviating traffic congestion, and enhance the safety of one of Rhode Island’s busiest corridors.”

The cost of the project is offset by a recent $251 million federal Bridge Investment Program grant made to RIDOT. Upon completion, this project will:

  • Reduce the number of bridges rated poor by 7.6 percent
  • Reduce the total deck area of bridges rated poor by 17.5 percent
  • Remove permit restrictions affecting the majority of all truck freight
  • Improve the flow of 45.2 billion tons of truck freight annually
  • Eliminate three of the top five most traveled structurally deficient bridges in the state

Construction began in August of 2024 and is expected to be substantially complete by August of 2030.

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