PHILADELPHIA and COLUMBUS, Ohio, Oct. 6, 2015 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from the Ohio Department of Transportation (ODOT) to provide construction administration and inspection services on various highway and bridge projects throughout the state. The three-year contract has an estimated value to Hill of approximately $3.5 million.
The scope of the assignment is defined in three parts. Part 1 involves upgrading 2.5 miles of urban intrastate to three lanes from the 475/75 system interchange including the Lagrange Bridge Structure, the reconfiguration of two full service interchanges and the removal of a partial interchange, and the rehabilitation and reconstruction of 12 bridges. Part 2 includes construction of a two-lane roadway and demolition of the existing four-lane roadway. It also includes roadway, sanitary and water improvements. Part 3 includes reconstruction of 1.03 miles of urban roadway (Berdan Road) and will include three modern roundabouts, sidewalks, multiuse path landscaping and lighting along with traffic control.
"We look forward to supporting ODOT District 2 on this ambitious roadway improvement program," said Vic Spinabelli, Jr., P.E., LEED AP, Senior Vice President in charge of Hill's project management operations in Western Pennsylvania and Ohio. "This program will have a positive impact on the state's bridge and highway infrastructure system," added Spinabelli.
Hill International, with 4,900 professionals 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 seventh 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.
Hill International, Inc.
John P. Paolin
Senior Vice President of Marketing and
Corporate Communications
(215) 309-7710
johnpaolin@hillintl.com
The Equity Group Inc.
Devin Sullivan
Senior Vice President
(212) 836-9608
dsullivan@equityny.com
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