MARLTON, N.J. and WASHINGTON, Oct. 10, 2012 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, has announced that its joint venture with URS Corporation (NYSE:URS) has received a blanket purchase agreement from the U.S. General Services Administration to provide construction management as agent services for the U.S. Department of State's Foreign Affairs Security Training Center (FASTC) project. The five-year agreement has an estimated value to the URS/Hill joint venture of approximately $21.8 million. URS is a 60% partner in the joint venture and Hill is a 40% partner.
The FASTC project will establish a consolidated training center for training in a wide array of law enforcement and security disciplines within the U.S. Department of State for the protection of diplomats and U.S. embassies abroad. Diplomatic security training is currently conducted at up to 19 different geographically separated leased and contracted facilities nationwide. The new FASTC will be a state-of-the-art facility. It is expected to provide training for 8,000-10,000 students per year, including special agents, foreign service officers, selected foreign law enforcement and other personnel.
The URS/Hill joint venture will provide construction management services during the design, construction and commissioning phases of the FASTC project.
"Hill is proud to be partnered with URS to manage construction of a facility that will help enhance the training of law enforcement officials and ultimately improve diplomat and embassy security," said James E. Koch, Ph.D., P.E., LEED AP, F.SAME, Senior Vice President and Director of Hill's Federal Services Group.
Hill International, with 3,300 employees in 110 offices worldwide, provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked Hill as the 8th 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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Source:Hill International, Inc.