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MARLTON, N.J. & NEW YORK, May 30, 2008 (BUSINESS WIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has been awarded a contract by the New York City Department of Design and Construction to provide construction management services during the $80 million renovation of New York City Hall. The three-year contract has a value to Hill of approximately $5.3 million.
The oldest city hall in the nation that still houses its original governmental functions, New York City Hall is considered one of the finest architectural achievements of its period. Constructed from 1803 to 1812, New York City Hall is a designated New York City landmark and its rotunda is a designated interior landmark as well. The building will undergo renovations throughout the structure including exterior and roofing renovations; steps refinishing; new electrical, fire, AV and HVAC systems; elevator modernization; and complete renovation of all interior spaces.
"We are honored and privileged to be managing the restoration of New York City Hall," said D. Clarke Pile, P.E., Hill's Senior Vice President and New York Regional Manager. "When completed, the renovation project will restore one of New York City's most important architectural gems," Pile added.
Hill International has 2,000 employees in 70 offices worldwide providing program management, project management, construction management and construction claims services. Engineering News-Record magazine recently ranked Hill as the 10th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
This press release includes certain statements that fall within the definition of "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors' and clients' actions, and other conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in Hill's filings with the Securities and Exchange Commission. Accordingly, such statements should be considered in light of these risks. Any prediction by Hill is only a statement of management's belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management's belief, and Hill does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise.
(HIL-G)
SOURCE: Hill International, Inc.
Hill International, Inc. John P. Paolin, 856-810-6210 Vice President of Marketing and Corporate Communications johnpaolin@hillintl.com or The Equity Group Inc. Devin Sullivan, 212-836-9608 Senior Vice President dsullivan@equityny.com
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