Deals Counterparts

Traylor Bros., Walsh Construction, and Skanska awarded $1.3B contract for Hudson River Tunnel Section (Package 1C) as part of the Hudson Tunnel Project

Supply Agreement Transport announced United States May 4, 2026
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USD1.3B
Deal Value
construction
Stage
Package 1C: The Hudson River Tunnel Section
Project

The Gateway Development Commission awarded a $1.3 billion contract to the joint venture of Traylor Bros., Walsh Construction, and Skanska to deliver Package 1C of the Hudson Tunnel Project, which involves constructing the Hudson River Tunnel Section beneath the Hudson River between New Jersey and Manhattan. The scope includes boring two new parallel, single-track tunnels totaling approximately 7,250 feet each, installing tunnel liners and floors, and constructing nine cross passages connecting the tunnel tubes. Additional work involves ground stabilization near the Hudson Bergen Light Rail and permanent underpinning of the Willow Avenue Bridge. The project is a critical component of the broader Hudson Tunnel Project, which aims to improve reliability for passenger rail service on the Northeast Corridor by rehabilitating the existing North River Tunnel and building two new tubes under the Hudson River. The Traylor/Walsh/Skanska joint venture will use custom-built mixed-use tunnel boring machines designed for mixed ground conditions, including weathered rock, soft soil, and stabilized ground. The contract represents one of the most technically demanding tunnel packages in the Hudson Tunnel Project, requiring complex ground treatment and segmental lining installation in challenging subsurface conditions.

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Counterparts (4)

supplier
Traylor Bros
company · 1 deals
Indiana-based heavy civil construction firm specializing in bridges, tunnels, and marine infrastructure since 1946, with over 250 complex projects completed across the U.S. and Canada.
Walsh Construction Company
company · 1 deals
Chicago-based Walsh Construction Company, part of The Walsh Group, is a fourth-generation family-owned general contractor founded in 1898, employing 8,000 people. It provides design, build, finance, operation, and activation services for a wide range of infrastructure and building projects across North America.
Skanska
company · 3 deals
Stockholm-based global construction and development company with approximately 28,000 employees, focusing on building construction, civil infrastructure, commercial property development, and residential development across Europe and North America.
Buyer
Gateway Development Commission
company · 1 deals
Public authority overseeing the $16B Hudson Tunnel Project, a critical Northeast Corridor rail infrastructure investment between New York and New Jersey.

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Source Intelligence

KEY DETAILS

The project involves boring two new parallel, single-track tunnels, each approximately 7,250 feet in length. It also includes tunnel liner and floor installation, construction of nine cross passages connecting the two tunnel tubes, ground stabilization work near the Hudson Bergen Light Rail and permanent underpinning of the Willow Avenue Bridge. The new tunnel tubes are part of the Hudson Tunnel Project, which will improve reliability for passenger rail service.

Deal Size
Traylor/Walsh/Skanska joint venture awarded section of the Hudson Tunnel Project for $1.3b
Location
Package 1C will construct the section of the new passenger rail tunnel tubes beneath the Hudson River between New Jersey and Manhattan. The work includes boring two new parallel, single-track tunnels, each approximately 7,250 feet in length, from the Hudson County Access Shaft in Weehawken, New Jersey to the 12th Avenue Access Shaft on Manhattan's West Side.
Announcement
MAY 4, 2026
PARTIES MENTIONED IN SOURCE
T
Traylor Bros. developer

"The Gateway Development Commission has awarded the joint venture comprised of Traylor Bros., Walsh Construction and Skanska, the contract to deliver Package 1C: The Hudson River Tunnel Section"

W
Walsh Construction developer

"The Gateway Development Commission has awarded the joint venture comprised of Traylor Bros., Walsh Construction and Skanska, the contract to deliver Package 1C: The Hudson River Tunnel Section"

S
Skanska developer

"The Gateway Development Commission has awarded the joint venture comprised of Traylor Bros., Walsh Construction and Skanska, the contract to deliver Package 1C: The Hudson River Tunnel Section"

G
Gateway Development Commission buyer

"The Gateway Development Commission has awarded the joint venture comprised of Traylor Bros., Walsh Construction and Skanska, the contract to deliver Package 1C: The Hudson River Tunnel Section"

high quality Enriched May 4, 2026

Timeline

Announced
May 4, 2026
Signed
Closed

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Source

irei.com
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