Hill International to Manage On-Call Professional Service Program for Los Angeles World Airports
June 07 2021 - 8:15AM
Hill International (NYSE:HIL), delivering the infrastructure
of change, announced today it was selected by Los Angeles World
Airports (LAWA), a Department of the City of Los Angeles, to manage
airport concessions development, tenant projects, and airport
commercial analysis and development at LAWA properties including
Los Angeles International Airport (LAX), Van Nuys Airport (VNY),
and Palmdale Landholdings.
Work will be carried out through task-order
contracts under a three-year indefinite delivery/indefinite
quantity contract with two potential one-year extensions. Task
orders will encompass a range of projects to improve the use and
efficiency of airport properties.
The Hill team is organized around two areas of
expertise: commercial and technical advisory services. The
commercial advisory services group will focus on providing
strategic analysis and financial advisory services including
commercial terms, economic and financial valuations, real estate
analysis and acquisition services, concession advisory services,
and leasing strategies. The technical advisory services group will
manage design- and construction-related task assignments and field
services. The team also includes experts in commercial real estate,
financial analysis, airport design, program, and construction
management services. Hill will manage projects and support the
commercial and technical advisory services teams with project
controls, document control, change/claims management, building
information modeling (BIM)/computer aided design and drafting
(CADD)/geographical information systems (GIS) services, and
estimating, scheduling, and survey services.
“We have put together a team that will provide
best-in-class aviation consulting services for LAWA and the City of
Los Angeles,” says Hill Senior Vice President of Aviation Steven
Morris. “The past year has been tough on airports and
concessionaires, many of which are small businesses. Through the
Hill team’s familiarity with LAWA and history of working with
airports to maximize their returns on investment, we will drive
opportunities for revenue for concessionaires as well as the city
and support small businesses in southern California. These projects
are critical to LAWA’s post-pandemic operations, and also further
the city’s reputation as a leader in developing local
businesses.”
Hill President, Americas, Michael B. Smith adds:
“LAWA’s selection of Hill to help manage this important program
demonstrates Hill’s strong reputation in both the aviation market
and in Los Angeles. We’re proud clients like LAWA have the
confidence to entrust us with the development of their assets,
especially LAX, one of the most important airports in the
world.”
About Hill International
Hill International, with more than 2,700
professionals in 69 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 firms 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
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