Hill International Selected to Continue Capital Program Administration Services for the City of Philadelphia’s Capital Program at Philadelphia International Airport
August 09 2021 - 8:15AM
Hill International, Inc. (NYSE:HIL), delivering the infrastructure
of change, announced today it was selected by the City of
Philadelphia, Division of Aviation, to provide Capital Program
Administration support services for the City’s ongoing Capital
Program at Philadelphia International Airport (PHL). Hill has
supported PHL’s Capital Program for more than 20 years, helping to
manage and implement budgets, deliver cost efficiencies, maximize
investments, and advance the City’s diversity goals.
Hill’s services under the new contract will
encompass end-to-end Capital Program services by assisting and
managing the implementation of Capital projects. This includes
capital budget development and implementation; financial governance
and oversight; grants management services; program management
system development and maintenance; capital development support;
purchasing and maintenance support. Through these and other
as-needed services, the Hill team will help PHL efficiently manage
the Capital Program and realize cost savings wherever possible. The
Hill team currently assigned to the PHL Capital Program will remain
largely in-place, offering continuity and proven expertise.
“As travel resumes post-COVID-19 restrictions,
airports are seeing a corresponding return to air travel, and PHL
is no exception,” explains Hill International Senior Program
Manager Satheesh Raja, PMP. “PHL did an outstanding job during the
pandemic of protecting passengers and staff and is ready now to
ramp up the Capital Program. Our team will continue to provide the
oversight and support PHL to make sure their passenger and cargo
projects are executed as planned and as cost-effectively as
possible.”
Hill Chief Executive Officer Raouf Ghali adds,
“It’s exciting to see air travel recovering at PHL in particular
and around the world in general. The success of PHL’s Capital
Program is a testament to Hill’s management capabilities, and
reflective of the trust our aviation clients have in our
teams.”
About Hill International
Hill International, with more than 2,800
professionals in 72 offices worldwide, provides program management,
project management, construction management, facilities management,
and other consulting services to clients in a variety of market
sectors. Engineering News-Record magazine recently ranked Hill as
one of the largest construction management firm in the United
States. For more information on Hill, please visit our website at
www.hillintl.com.
Forward Looking Statements
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 statements of
belief or intent, any statements concerning our plans, strategies,
and objectives for future operations 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. Elizabeth J. Zipf,
LEED AP BD+CSenior Vice President (215)
309-7707elizabethzipf@hillintl.com
The Equity Group, Inc. Devin SullivanSenior
Vice President (212) 836-9608dsullivan@equityny.com
Hill (NYSE:HIL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Hill (NYSE:HIL)
Historical Stock Chart
From Apr 2023 to Apr 2024