MARLTON, N.J. and SYDNEY, Australia, June 27, 2014 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL ), the global leader in managing construction risk, announced today that it has been awarded a contract from the New South Wales Government to provide delivery assurance services on the State's North West Rail Link (NWRL) project.
The $8.3 billion North West Rail Link is Australia's largest public transport infrastructure project currently under construction and a priority rail project for the NSW Government. The project will deliver eight new railway stations and 4,000 commuter car parking spaces to Sydney's growing North West. The project includes construction of twin 15-kilometer tunnels from Bella Vista to Epping–Australia's longest rail tunnels. The North West Rail Link is expected to open to customers by the end of 2019.
Hill will be providing services to ensure the safe and timely delivery of the Operations, Trains and Systems (OTS) contract. The OTS contract includes the delivery of the eight stations and 4,000 car parking spaces, Sydney's new generation fully-automated trains, a rapid transit maintenance facility as well as the operation and maintenance of the North West Rail Link. The NSW Government has announced the preferred operator, and will finalize the contract with the North West Rapid Transit consortium over the coming months.
"We are delighted to continue our involvement in this landmark project which will be the first fully-automated rapid transit rail system in Australia," said Leslie Butterfield, Hill's Senior Vice President and Managing Director (Australia). "The North West Rail Link is the first stage of Sydney Rapid Transit, the city's brand new railway network and we are confident that our client and our team will be successful in ensuring that this project is delivered safely, efficiently and in a coordinated manner," added Butterfield.
Hill International, with 4,300 employees 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 9th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com .
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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. We do not intend, and undertake no obligation, to update any forward-looking statement.
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Hill International, Inc. John P. Paolin Senior Vice President of Marketing and Corporate Communications (856) 810-6210 The Equity Group Inc. Devin Sullivan Senior Vice President (212) 836-9608
