Hill International Receives Major Contract from the Port Authority of Allegheny County in Pennsylvania
July 14 2017 - 9:00AM
Hill International (NYSE:HIL), the global leader in managing
construction risk, announced today that it has received a contract
from the Port Authority of Allegheny County in Pennsylvania to
provide construction management services in support of the
Authority’s $200 million capital improvement program. The
three-year contract has an estimated value to a pool of four firms,
including Hill of approximately $18.5 million.
The Port Authority of Allegheny County provides
public transportation services to persons traveling within a
745-square-mile-area, including the City of Pittsburgh and all of
Allegheny County. The Authority operates a fleet of over 700
buses and more than 80 light rail vehicles along two light rail
lines, three exclusive busways and the Monongahela Incline.
The Authority operates its light rail transit service over a
26.2-mile rail system that runs from the North Shore and Downtown
Pittsburgh to many South Hills suburbs. In addition, the
Authority owns and operates four bus garages, a major bus overhaul
facility, a light rail vehicle maintenance facility, a light rail
transportation control center and a major service facility.
“We are honored that the Authority has once
again selected Hill to continue supporting this important
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. “These
improvements will have a major impact on the region’s
transportation efficiency and accessibility,” added Spinabelli.
Hill International, with 3,300 professionals in
100 offices worldwide, provides program management, project
management, construction management 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.
Hill International, Inc.John P.
PaolinSenior Vice President of Marketing andCorporate
Communications(215) 309-7710johnpaolin@hillintl.com
The Equity Group Inc.Devin SullivanSenior Vice
President(212) 836-9608dsullivan@equityny.com
(HIL-G)