Hill International (Nasdaq:HINT), the global leader in managing construction risk, announced today that it has been awarded a contract from the New York City Department of Design and Construction to provide construction management services for the $17 million modernization and preservation of the Museum of the City of New York (MCNY). The two-and-a-half-year contract has an estimated value to Hill of approximately $1.6 million. The modernization of the MCNY includes major alterations to office and administrative space as well as the entire south wing of the building. In addition, the first, second and third floors of the building will be renovated to expand the museum�s exhibit space and public space. The MCNY is a landmark building and the modernization project is expected to receive a silver LEED certification. The project has been designed by Polshek Partnership Architects. The project is expected to begin in June 2008 and to conclude by September 2010. Hill also managed an earlier phase of the modernization project. That phase involved the installation of a new slate tile roof, mechanical and electrical upgrades, a new addition to the museum and other building renovations. For that work, Hill received a Project Achievement Award from the Metro New York/New Jersey Chapter of the Construction Management Association of America for managing the �Best Public Project Under $10 Million.� �We are extremely honored that Hill has once again been selected to manage construction at the MCNY,� said D. Clarke Pile, P.E., Senior Vice President in charge of Hill�s New York region. �We have an extraordinary team of professionals with extensive museum and landmark experience assigned to this project,� Pile added. Hill International, with 1,600 employees in 70 offices worldwide, provides program management, project management, construction management, and construction claims services. Engineering News-Record magazine recently ranked Hill as the 10th largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com. This press release may include certain statements that fall within the definition of �forward-looking statements� under the Private Securities Litigation Reform Act of 1995. Any such statements are subject to risks and uncertainties, overall economic and market conditions, competitors� and clients� actions, and other conditions, which could cause actual results to differ materially from those anticipated, including those risks identified in Hill�s filings with the Securities and Exchange Commission. Accordingly, such statements should be considered in light of these risks. Any prediction by Hill is only a statement of management�s belief at the time the prediction is made. There can be no assurance that any prediction once made will continue thereafter to reflect management�s belief, and Hill does not undertake to update publicly its predictions, whether as a result of new information, future events or otherwise. (HINT-G)
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