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The Port Authority of New York and New Jersey (PANYNJ) recently awarded a $338.8 million contract to DCM Erectors to furnish, fabricate and erect more than 22,000 tons of structural steel for the World Trade Center Transportation Hub — the largest contract awarded for the facility to date.

The steel will be used to build the transportation hub to grade, including the Transit Hall, permanent underpinning of the No. 1 subway box and Greenwich Street, and Hub-related pedestrian connections to other commercial components of the World Trade Center.

The contract amount came in at PANYNJ estimates, even though steel prices have climbed 8 percent during the past year, the authority said.