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PHILADELPHIA and RIO DE JANIERO, Brazil, Aug. 11, 2015 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today that its Brazilian subsidiary Engineering S.A. has received a contract from the Rio 2016 Organizing Committee to provide project management services in connection with the Rio 2016 Overlay. The Overlay includes the temporary infrastructure required to support particular facilities or venues such as the Copacabana arena, which will host the beach volleyball competitions. Amenities will include bleachers that increase venue capacity, chemical toilets, tents, cabins, power, utilities and other infrastructure.
The 14-month contract pertains to the development and delivery of 37 competition venues, 26 non-competition venues, 13 local housing/accommodations, 20 training areas and 58 support and transport facilities. Engineering S.A. will provide project management services for the coordination and supervision of these overlays, including the research of requirements and technical specifications for the required facilities.
"We are honored to provide project management services for the infrastructure of the Olympics and Paralympics at Rio 2016," said José Manuel Albaladejo Cañedo-Arguelles, Senior Vice President in charge of Latin America for Hill's Project Management Group. "Hill International can offer a unique combination of local resources with a differentiated global expertise," he added.
Hill International, with 4,800 professionals in 100 offices worldwide, provides program management, project management, construction management, construction claims and other consulting services primarily to the buildings, transportation, environmental, energy and industrial markets. Engineering News-Record magazine recently ranked Hill as the seventh largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.
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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 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.
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