×

Hill International Receives $15 Million in Contracts from Caltrans

PHILADELPHIA and ONTARIO, Calif., Nov. 4, 2015 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received multiple contracts from the California Department of Transportation (Caltrans) to provide construction engineering, inspection and scheduling support services. The contracts have a combined estimated value to Hill of approximately $14.7 million.

The awarded contracts include one as prime consultant from District 7, one as subconsultant to AECOM from District 7 and two as subconsultant to Kleinfelder/Simon Wong from District 11. Pursuant to the contracts, Hill will be providing construction engineering and construction inspection support services on an as-needed basis to support Caltrans on various road and bridge projects throughout the two districts.

"These infrastructure improvements will have a significant impact on the state of California,"said Michael Tahan, Senior Vice President in charge of Hill's highway and bridge practice in California. "We are proud to be part of such an important program," added Tahan.

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.

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.

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

(HIL-G)

Source:Hill International, Inc.