The $177.6-million contract was awarded to Tutor Perini Corporation of Peekskill, N.Y., and is $71 million - 28 percent - below the $248 million budget estimate for this project. The very favorable bid is credited to the restructured procurement process the Port Authority implemented earlier this year to take advantage of a hungry, competitive construction market.
The contract stems from an innovative construction method developed as part of last year's assessment process that New York Governor David A. Paterson called for in June 2008. The so-called top-down approach allows the subway box bracing to be completed ahead of previous schedules, and will ensure public access to the 9/11 Memorial on the 10th anniversary of 9/11.
In another action, the Board authorized the design and construction of an extension to the Vesey Street pedestrian bridge over West Street, which will separate pedestrians from increasingly heavy truck traffic at the intersection of Vesey and Washington streets. Untangling pedestrian movements from truck movements will ensure a safer pedestrian experience and greater construction productivity on the site.
Under the $4.5-million contract, awarded to Atlantic Hoist and Scaffolding, LLC, the existing Vesey Street bridge will be extended over the intersection of Vesey and Washington 50 feet east of Washington. The bridge will have an elevator, an escalator and a staircase. Construction of the bridge will begin in the fall and be completed in early 2010.