Veidekke: Signs New Contract for NTNU Campus Development Project

Veidekke has signed the execution agreement with Statsbygg for the construction of the project "Resonans" (P4 Music) as part of the NTNU Campus Development project in Trondheim. The contract is valued at approximately NOK 520 million, excluding VAT.

The project is being delivered through an IPL contract (Integrated Project Delivery) between the client Statsbygg, Veidekke and Norconsult. With the signing of the agreement, the project now moves from the development phase into the execution phase.

"We are very pleased to sign this agreement with Statsbygg. It has been an excellent process involving all parties leading up to this milestone, and I am proud to enter into our second contract related to the NTNU Campus Development project. Together with Statsbygg and Norconsult, we have worked purposefully to develop a project that creates the greatest possible value for both NTNU and the society," says Torgeir Loholt Wiig, Regional Director Bygg Trondheim at Veidekke.

Modern Educational Facility

The execution agreement marks the transition from the collaborative development phase to construction. During the initial collaboration phase, the parties have worked on optimization, cost management and the design of solutions for the building.

"We are looking forward to starting work on site. This is an exciting and important project in Trondheim, and we are proud to be part of bringing it to life," says Hans Olav Sørlie, Executive Vice President, Building Construction Norway at Veidekke.

Campus P4 Music will become a new and modern educational facility for NTNU's Department of Musicology. The building will include classrooms, rehearsal rooms, recording studios, performance halls and workplaces. It has been developed with stringent requirements for acoustics, functionality and quality to meet the needs of both students and staff.

The project comprises 8,956 square metres of gross floor area and will consist of five floors, including a basement level. The building will feature an in-situ cast concrete structural system and complex, extensive acoustic and sound insulation solutions. "Resonans" has been designed by Norconsult/Nordic Office of Architecture and will feature a distinctive brick façade.

An Important Milestone

The building will be located on Høyskoleveien between Studentersamfundet and NTNU's Main Building, making it a central element of the NTNU Campus Development project.

"The signing marks another important milestone for the NTNU Campus Development project. We are now moving from planning to execution and taking a major step closer to a new building that will bring NTNU's music communities together in one location. This will provide NTNU with an outstanding music facility that creates an excellent environment for world-class music education for many years to come," says Johan Arnt Vatnan, Project Director for NTNU Campus Development at Statsbygg.

Through the IPL contract, Statsbygg, Veidekke and Norconsult have established a single integrated project organization in which the client, contractor and consultant share responsibility for developing and delivering the project.

Construction is scheduled to commence in October 2026, with completion planned for July 2029. The contract will be included in Veidekke's order backlog for the third quarter of 2026.

Read more about the project here: NTNU Campus Development Project (https://www.statsbygg.no/byggeprosjekter/ntnu-campussamling/)

Images Renderings of the building. Illustration: Statsbygg/Norconsult/Veidekke

Fra signering 1: At the signing ceremony in Trondheim on Wednesday. From left: Øyvind Wanderås (Director, Norconsult Trondheim), Geir Graff-Kallevåg (Director of Project Development and Delivery, Statsbygg), and Hans Olav Sørlie (Executive Vice President, Veidekke Bygg). Photo: Statsbygg/Marit Solheim.

Fra signering 2: At the signing ceremony in Trondheim on Wednesday. From left: Torgeir Loholt Wiig (Director, Veidekke Bygg Trøndelag), Linda Sunde Eriksen (Project Owner for the NTNU Campus Development Project, Statsbygg), Johan Arnt Vatnan (Project Director, NTNU Campus Development Project), and Øyvind Wanderås (Director, Norconsult Trondheim). Photo: Statsbygg/Marit Solheim.

For further information, please contact:

Torgeir Loholt Wiig, Regional Director Building Trondheim, Veidekke, tel: +47 95 02 07 30, torgeir.wiig@veidekke.no Arve Rødal Brekkhus, Head of Communications, Veidekke, tel: +47 90 13 48 88, arve.brekkhus@veidekke.no Johan Arnt Vatnan, Project Director, NTNU Campus Development, Statsbygg, tel: +47 92 25 11 13, johan.arnt.vatnan@statsbygg.no

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028 -Pressebilder-Veidekke/) Subscribe to messages from Veidekke (http://veidekke.com/no/borsmeldinger/abonner-pa-meldinger/) Veidekke (https://www.veidekke.com/) is one of Scandinavia's largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.