MTA Board Approves Key Contract for Second Avenue Subway Extension in NYC
Following years of anticipation, residents in East Harlem have moved one step nearer to obtaining The expansion of the Second Avenue Subway . During their monthly gathering on Wednesday, the MTA board approved an over $186 million deal for a project management consulting firm to supervise the creations of Phase 2 . "There is specific expertise required for managing intricate tunnel excavation projects, such as the installation of sophisticated systems computers, which isn’t part of our regular staff’s skill set,” stated MTA Chairman and CEO Janno Lieber. This special agreement enables the MTA to obtain as much as $4 million in bonus payments if the consultants do not stay on track with the timeline. The $7.7 billion initiative stands as the most expensive subway project per mile in New York's history. The project is partially supported through congestion charges The MTA indicates that they currently do not have a suggested end date for Pha...