MARLTON, N.J. and SACRAMENTO, Calif., May 29, 2013 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that it has received a contract from the California Department of Transportation (Caltrans) to provide on-call construction management, engineering analysis and program improvement services statewide. The four-year contract has an estimated value to Hill of approximately $4.0 million.
Services to be provided by Hill under the contract may include evaluating construction engineering specifications, policies and processes for legislative changes; providing facilitation for collaborative meetings with stakeholders for integrated project delivery protocols and processes; evaluating and providing innovative recommendations for statewide strategies to identify recyclable construction materials; performing a construction market analysis on changes in material costs and other causes of bidding trends; evaluating and making recommendations to improve Dispute Review Board (DRB), Dispute Review Advisor and partnering programs; creating and implementing the lessons learned process for change orders, DRB recommendations, arbitration decisions, supplemental work requests and contingency fund requests; evaluating and providing analysis of construction engineering performance data to improve performance; assisting with annual contract administration process evaluation by providing innovative program improvements; reviewing and providing qualitative analysis for the support of cost reduction implementation; editing and providing technical assistance in publishing various engineering reports; conducting an analysis of historical data and trends of Caltrans business practices and their effectiveness; and developing and presenting workshops for contract administration and construction engineering presentations.
"The Caltrans improvement program will have a strong impact on the quality, efficiency and sustainability of their current construction activities statewide," said Frederic Z. Samelian, PMP, President of Hill's Construction Claims Group. "We are very proud to be part of this important improvement effort," added Samelian.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.