MARLTON, N.J. and COLUMBUS, Ohio, Sept. 9, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE: HIL ), the global leader in managing construction risk, announced today that it has received a contract from the Ohio Turnpike and Infrastructure Commission to provide construction management services in connection with multiple Pavement Replacement Program projects. The five-year contract has an estimated value to Hill of approximately $8.0 Million.
The projects involve the reconstruction of the mainline pavement at various locations along the Ohio Turnpike. Each project will encompass multi-lane sections of pavement that are approximately five miles long in both the eastbound and westbound directions. Estimated value of construction for the initial five-year program is in excess of $250 million.
"We are proud of the fact that the Commission continues to turn to Hill for construction management services," said Vic Spinabelli, Jr., P.E., LEED AP, Senior Vice President in charge of Hill's project management operations in Western Pennsylvania and Ohio. "We are confident that our team will deliver outstanding service to the Commission on these projects," added Spinabelli.
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 .
The Hill International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5733
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.
(HIL-G)
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
