MARLTON, N.J. and NEW YORK, Nov. 5, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract to provide project labor agreement (PLA) administration and labor management services for the New York State Thruway Authority during construction of the Tappan Zee Hudson River Crossing.
The $3.9 billion twin-span bridge will replace the existing Tappan Zee Bridge and will carry Interstates 87 and 287 across the Hudson River, serving the tri-state area of New York, New Jersey and Connecticut. The project should be complete in 2018. The new bridge is being designed and constructed to last 100 years without major structural maintenance.
"We look forward to supporting the Thruway Authority on this major infrastructure project," said James M. O'Neill, Vice President with Hill's Project Management Group.
Hill International, with 4,000 professionals in 100 offices worldwide, provides program management, project management, construction management and construction claims and 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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