Hill International the global leader in managing construction risk, announced today that a joint venture led by Hill has been awarded a contract by Barwa Al Khor Company to provide project management services in connection with the Barwa Al Khor development in Qatar. The five-year contract has an estimated value to the joint venture of approximately QR191.5 million ($52.6 million). Hill has a 65% interest in the joint venture. The Barwa Al Khor development...
McGraw-Hill Construction, part of The McGraw-Hill Companies, has released its latest SmartMarket Report, Commercial and Institutional Green Building. Key findings from the report, which covers market activity, key triggers and obstacles, show an increase in the perceived value of green building among architects, engineering firms, contractors and owners over the last three years, especially as related to financial benefits: — Decreases of...
The Shaw Group Inc. (NYSE: SGR) announced its Environmental & Infrastructure Group has been awarded an indefinite delivery/indefinite quantity contract for architect-engineering services by the U.S. Postal Service (USPS). The value of Shaw’s contract, which will be included in the company’s first quarter fiscal 2009 backlog of unfilled orders, was not disclosed. Under the contract, Shaw will perform investigative surveys, as well as...
Hill International the global leader in managing construction risk, announced today that it has been recognized by NJBIZ magazine as the third fastest-growing company headquartered in New Jersey. Hill received its award at the magazine’s “New Jersey’s Fifty Fastest Growing Companies 2008” awards dinner held on November 17, 2008. Companies were ranked based upon both dollar growth and percentage growth in revenues from 2005 through 2007. “We...
Hill International, the global leader in managing construction risk, announced today that its affiliated development company, Hill International Real Estate Partners, LP, has received the unanimous approval of the Philadelphia City Planning Commission for certain zoning and other regulatory variances necessary for the development of the proposed American Commerce Center, a 2.2-million-square-foot office and hotel tower to be located at 1800 Arch Street...
The U.S. green building market is accelerating at a dramatic rate, says McGraw-Hill Construction’s Green Outlook 2009: Trends Driving Change report, released today at the Greenbuild International Conference and Expo in Boston, MA. The value of green building construction starts was up five-fold from 2005 to 2008 (from $10 billion to $36-$49 billion), and could triple by 2013, reaching $96-$140 billion. McGraw-Hill Construction’s Green...
Hill International (NYSE:HIL – News), the global leader in managing construction risk, announced today that it has been awarded a contract by SEHA – Abu Dhabi Health Services Company PJSC to provide project management services during the construction of multiple healthcare facilities. The two-year contract has an estimated value to Hill of approximately $22.8 million. The projects, which have an estimated value of $290 million, include...
Hill International, the global leader in managing construction risk, announced that it has entered into an amendment to its existing revolving credit agreement with Bank of America, N.A., increasing the limit of Hill’s revolving credit facility from $35 million to $60 million. “This expansion of our credit facility with Bank of America is an important next step,” said Irvin E. Richter, Hill’s Chairman and Chief Executive Officer. “The increased...
Hill International, the global leader in managing construction risk, announced today that it has been recognized by The Zweig Letter as one of the 200 fastest-growing architecture, engineering and construction consulting firms in the United States and Canada. The “Hot Firm 2008” list is based upon both dollar growth and percentage growth in total revenues from 2004 to 2007. Hill, which ranked second on this year’s list, has now been named...
Hill International, the global leader in managing construction risk, announced today that it has received a contract from the Trinidad and Tobago Housing Development Corp. to manage design and construction of the South Quay phase of the Eastbridge mixed-use development in Port of Spain, Trinidad. The Eastbridge development will comprise over 400 residential units, retail and commercial space, and related parking. The first phase of the project, South...