PHILADELPHIA and NEW YORK, July 12, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been awarded a task order contract by New York City Transit to provide construction management services in connection with the design and construction of the new Clifton Car Repair Shop in Staten Island, New York. The four-year task order has an estimated value to Hill of approximately $9.0 million.
Hill will manage and provide construction administration and daily oversight during the demolition and construction phases of the Clifton Car Repair Shop which was damaged during 2012’s Superstorm Sandy. The project consists of the demolition of the existing buildings, construction of a new facility and landscaping and the necessary coordination between the Design Builder and in-house forces to perform the necessary outdoor track work. The new three-story railcar repair shop will have a total built-up area of approximately 86,000 square feet.
“We are honored to be part of the Superstorm Sandy reconstruction projects for New York City Transit,” said John Milano, P.E., Senior Vice President and Northeast Regional Manager for Hill’s Project Management Group. “These improvement projects will help mitigate the city’s infrastructure risk with hurricane resilient facilities,” added Milano.
Hill International, with 4,600 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the eighth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
Certain statements contained herein may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any projections of revenues, earnings or other financial items; any statements concerning our plans, strategies and objectives for future operations; and any statements regarding future economic conditions or performance, are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.
Hill International, Inc.
John P. Paolin
Senior Vice President of Marketing and
Corporate Communications
(215) 309-7710
johnpaolin@hillintl.com
The Equity Group Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com
(HIL-G)