Hill International cut deal for Rio Olympic complex

PUBLISHED: 13 Aug 2015 @ 18:53 | Comments (0) |

To Provide Project Management Services on the Parque Deodoro Olympic Complex in Rio de Janeiro

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 City of Rio de Janeiro to provide project management services in connection with the Parque Deodoro Olympic Complex. The four-month contract (August to November 2015) has an estimated value to Hill of approximately R$10.6 million ($3.0 million).

The R$835 million ($260 million) Parque Deodoro Olympic Complex will host fifteen sports during the 2016 Summer Olympic and Paralympic Games and will be the second biggest competition center of the games.

“We are extremely honored to have been awarded this contract by the City of Rio de Janeiro,” said José Manuel Albaladejo Cañedo-Arguelles, Senior Vice President in charge of Latin America for Hill’s Project Management Group. “It is an honor to be supporting the facility and infrastructure needs of the Rio 2016 Olympics,” added Albaladejo.

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.

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