MARLTON, N.J. and SALT LAKE CITY, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL ), the global leader in managing construction risk, announced today that it has received an on-call contract from the Salt Lake City Department of Airports (SLCDA) to provide program management support services at Salt Lake City International Airport. The contract has a five-year base term and five one-year option terms.
Salt Lake City International Airport serves 20 million passengers annually and ranks as the 26th busiest airport in the United States. SLCDA is embarking on an eight-to-ten-year, $1.8 billion Terminal Redevelopment Program (TRP). The TRP involves construction of new facilities, rehabilitation of certain existing structures and construction of improved roadways and associated infrastructure at Salt Lake City International Airport.
"We are honored to have been selected for this contract and we look forward to supporting the Airport's program management needs," said Michael B. Smith, Hill's Senior Vice President and Western Regional Manager.
Hill International, with 3,900 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
