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PORT AUTHORITY BOARD AWARDS LARGEST CONTRACT FOR WORLD TRADE CENTER TRANSPORTATION HUB
March 26, 2009
The Port Authority Board of Commissioners today awarded a contract for more than 22,000 tons of steel for the World Trade Center Transportation Hub - the largest contract awarded to date for the major transportation facility.
The Board awarded a $338.8 million contract to DCM Erectors to furnish, fabricate and erect 22,305 tons of structural steel for the Transportation Hub. The steel award covers steel to build the Transportation Hub to grade, including the Transit Hall, the permanent underpinning of the No. 1 subway box and Greenwich Street, and Hub-related pedestrian connections that link it to the other commercial components of the World Trade Center.
The amount of steel awarded for the Hub project is equivalent to the entire weight of the USS New York (the Navy's new amphibious transport ship), or almost twice the amount of steel used for the new Yankee Stadium.
DCM is a multi-national firm with headquarters in New York and Canada. DCM is furnishing and erecting the steel for both One World Trade Center and Four World Trade Center. They also have fabricated steel for the New York Times building, the Bloomberg Tower and the Time Warner Center, among many other projects in the region.