PHILADELPHIA and NEWARK, N.J., Nov. 04, 2016 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a five-year contract from the Port Authority of New York and New Jersey to provide expert professional program and project delivery and advisory services on a call-in basis in connection with the Newark Liberty International Airport Redevelopment Program in Newark, New Jersey.
Newark Liberty International Airport (EWR) is undergoing a $2.3 billion capital improvement program to redevelop aging elements at the airport. EWR’s existing Terminal A does not meet the standards of a modern airport and is at the end of its useful life. Hill will be supporting the construction of Terminal A redevelopment which will include a new terminal building, a new parking garage complex, landside elements including roadway, utility and bridge work, and airside elements including site clearance, utility work and airside paving. The program is scheduled for completion by the end of 2022.
“EWR’s Redevelopment Program will reshape the airport and positively impact the entire region,” said John Milano, P.E., Senior Vice President and Northeast Regional Manager for Hill’s Project Management Group. “We are extremely honored to be included in such an important program,” added Milano.
Hill International, with 4,500 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 eighth largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.
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Source:Hill International, Inc.