MARLTON, N.J. and WASHINGTON, May 15, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from the U.S. Department of State to provide program management, engineering support and quality control services worldwide. Hill's indefinite-delivery, indefinite quantity (ID/IQ) contract, which has a one-year base term and four one-year option terms, has a maximum value of $100.0 million if all option years are exercised.
The objective of Hill's contract is to obtain the full range of engineering and administrative expertise necessary to assist and support the State Department's Office of Construction Management in its effort to build and renovate diplomatic facilities abroad. The range of services required spans engineering expertise to administrative and support services with skill sets and experience that match the State Department's need for engineering services in support of diplomatic construction projects.
"We look forward to supporting our long-term client the State Department with its worldwide construction program," 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 3,800 professionals in 100 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 . The Hill International, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5733 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, performance and achievements, or industry 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. We do not intend, and undertake no obligation, to update any forward-looking statement.