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Hill International Inc receives contract for PM/CM services from District of Columbia Public Library


Wednesday, 18 Jun 2014 12:00pm EDT 

Hill International Inc:Says that its joint venture with McKissack & McKissack has received task order contract from District of Columbia Public Library (DCPL).Contract to provide project management and construction management (PM/CM) services for design, demolition, new construction, renovation, restoration and mixed-use development projects.Contract, which has one-year base term and four one-year options terms, has an estimated value to joint venture of about $4.8 mln if all option years are exercised.McKissack is 51 pct partner in joint venture and Hill is 49 pct partner.Services to be provided under the contract include bid preparation, conducting and reviewing bids, recommending qualified low bidders for contract award, performing and assisting with contract and other document preparation for approval.Says it also has to provide preparation of construction schedules and maintenance of those schedules throughout the life of a project, enforcing construction quality and making recommendations as to corrective actions, insuring projects stay on schedule, budget and highest quality standards.Also has to perform value engineering and issue reports when warranted and any other such services required. 

Company Quote

5.78
0.03 +0.52%
25 Jul 2014