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Yesterday, the New York Metropolitan Transportation Authority (MTA) announced work will begin later this month under the last major contract needed to extend MTA New York City Transit’s 7 Subway Line to the far west side of Manhattan, N.Y.

The $513.7 million contract, which was signed in August, was awarded to a joint venture between Skanska USA and RailWorks Corp. The Hudson Yards Development Corp. is providing funding for the contract, MTA officials said in a prepared statement.

The project calls for laying track in newly completed tunnels and installing signals, elevators and escalators, and electrical, lighting, plumbing, heating, ventilating and air conditioning systems.

The $2.1 billion extension, which includes a new station at 34th Street and Eleventh Avenue, is expected to open for revenue service in December 2013.

“This award marks a major milestone as we continue to make progress on the construction for the 7 extension project,” said MTA Capital Construction President Michal Horodniceanu.