Key Developments: Hill International Inc (HIL.N)
3.04USD
1 Aug 2013
$-0.10 (-3.18%)
$3.14
$3.22
$3.22
$2.99
9,262
41,916
$4.48
$2.52
Latest Key Developments (Source: Significant Developments)
Hill International Inc Secures Construction Management Contract By NJ TRANSIT
Hill International Inc announced that it has been awarded a contract by New Jersey Transit Corporation (NJ TRANSIT) to provide construction management services on a task order basis. The three-year contract has an estimated value to Hill of approximately $3.5 million. Full Article
Hill International Inc Receives $4 Million Contract From Caltrans
Hill International Inc announced 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. Full Article
Hill International Inc Reiterates FY 2013 Revenue Guidance-Conference Call
Hill International Inc reiterated its fiscal 2013 guidance and expects Hill's consulting fee revenue to be between $500 million and $520 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues $500 million for fiscal 2013. Full Article
Hill International Inc To Manage Construction Of Temple University's New $180 Million Library Building
Hill International Inc announced that it has received a contract from Temple University to provide construction management services in connection with a new $180 million research library building on the university's campus in Philadelphia, Pennsylvania. The three-and-a-half-year contract has an estimated value to Hill of approximately $5.0 million. The four-story, 350,000-square-foot facility is expected to become a focal point for Temple students and faculty, and for the North Philadelphia community. Full Article
Hill International Inc Receives Three Contracts from Ohio DOT
Hill International Inc announced that it has received three contracts from the Ohio Department of Transportation (ODOT) to provide construction inspection and construction engineering services on various highway and bridge projects throughout the state. The contracts have a combined estimated value to Hill of approximately $3.2 million. The first contract, awarded to Hill by ODOT's District 6, was to provide construction inspection and construction engineering services in connection with Interstates 270 and 71 in Franklin County. The other two contracts, awarded to Hill by ODOT's Districts 4 and 9, were for on-call construction inspection services. Full Article
Hill International Inc Issues FY 2013 Revenue Guidance Above Analysts' Estimates
Hill International Inc announced that for fiscal 2013, it expects consulting fee revenue to be between $500 million and $520 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues $441 million for fiscal 2013. Full Article
Hill International Inc's Joint Venture Secures $20 Million Contract From New York City School Construction Authority
Hill International Inc announced that the Company's joint venture with The LiRo Group has been awarded a contract by the New York City School Construction Authority (SCA) to provide construction management, professional staffing and consulting services. The two-year contract has an estimated value to the joint venture of up to $20.0 million. Hill and LiRo are equal partners in the joint venture. Full Article
Hill International Inc Increases Ownership Stake In Gerens Hill Subsidiary To 93%
Hill International Inc announced that it has acquired an additional ownership stake of 23.8% in its Madrid-based subsidiary Gerens Hill International S.A. for a purchase price of approximately EUR7.1 million ($9.2 million). As a result, Hill's ownership stake in Gerens Hill has increased from 69.4% to 93.2%. Gerens Hill provides project management services throughout Spain and Mexico and also owns a 60% interest in Brazilian subsidiary Engineering S.A. In 2012, Gerens Hill generated more than 17% of Hill's worldwide consulting fee revenue. Full Article
Hill International Inc Secures Contract
Hill International Inc announced that it has received a contract from District 8 of the California Department of Transportation (Caltrans) to provide construction engineering and construction inspection support services on an as-needed basis on various roadway and bridge projects throughout the district, which includes Riverside and San Bernardino counties. The three-year contract has an estimated value to Hill of approximately $5.0 million. Hill's scope of work includes claims and scheduling for all roadway construction projects, and construction inspection services for the following specialty work: electrical inspection, landscape inspection, safety inspection, Storm Water Pollution Prevention Program (SWPPP) inspection, and other specialty construction inspection services Full Article
Hill International Inc Secures $109 Million Contract To Manage Expansion Of Muscat International And Salalah Airports In Oman
Hill International Inc announced that it has been awarded a contract by the Ministry of Transport and Communications and the Public Authority for Civil Aviation of the Sultanate of Oman to provide consulting engineering services in connection with the approximately OMR 2.0 billion ($5.2 billion) expansion and modernization of Muscat International and Salalah Airports. The two-year contract has an estimated value to Hill of approximately OMR 41.8 million ($108.5 million). The expansion of Muscat International Airport, the largest airport in Oman, includes a new terminal that will have a capacity of 12 million passengers annually. The expansion of Salalah Airport, the second largest airport in Oman, involves upgrading it from primarily a domestic airport to make it more suitable for international travelers, including building a new runway long enough to handle the A380 Airbus, and a new terminal that will improve the airport's capacity to 1 million passengers annually. Full Article

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