NEW YORK CITY-The Port Authority of New York and New Jersey awarded a $177.6-million contract to Tutor Perini Corp. of Peekskill, NY to build a permanent brace for the box that encloses the Metropolitan Transportation Authority’s number 1 subway line’s stretch through Ground Zero, a move the authority says will ensure completion of access to the 9/11 memorial by the 10th anniversary of the attacks. The contract was approved during the Port’s board meeting at its Park Avenue South headquarters Thursday. That news comes on the heels of Wednesday’s dramatic installment of a 70-ton piece of steel at One World Trade Center.

The Port says the Tutor Perini construction contract comes in at 28% below the $248-million budget estimate for the project. In a release, the Port attributes the favorable bid to what it calls the agency’s “restructured procurement process” implemented earlier this year, to take advantage of what it calls a “hungry, competitive construction market.”

The Port says that the so-called top-down approach allows the subway box bracing to be completed ahead of previous schedules, ensuring public access to the 9/11 Memorial on Sept. 11, 2011. Also at Thursday’s meeting, the Port’s board authorized a $4.5-million contract to Atlantic Hoist and Scaffolding, LLC to extend the Vesey Street pedestrian bridge over the intersection of Vesey and Washington Streets, 50 feet east of Washington. The bridge will have an elevator, escalator and staircase.

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