# Webuild's Lane awarded $466M contract for Palisades Tunnel in New Jersey

Webuild's US subsidiary Lane was awarded a contract worth $466 million (Lane's share 35%) by the Gateway Development Commission for construction of the Palisades Tunnel in New Jersey, part of the Hudson Tunnel Project.

- Type: Contract
- Announced: 2024-08-22
- Where: North Bergen, New Jersey, United States
- Value: $466.0M
- Status: announced
- Products: tunnel construction
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lane](https://endata.com/companies/40641.md)
- [Webuild](https://endata.com/companies/40756.md)
- [Gateway Development Commission](https://endata.com/companies/79331.md) (customer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/WEBUILD-S-P-A-160071/news/Webuild-to-Lane-USD466-million-for-Hudson-River-tunnel-47709990/), 2024-08-22: "Webuild Spa on Thursday announced that Lane, the group's U.S. subsidiary, has been awarded a contract worth a total of USD466 million for the construction of the Palisades Tunnel in New Jersey, USA."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.