Hill International Gets $9 Million Task Order From New York City Transit


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Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Hill International Inc. (NYSE: HIL) disclosed Tuesday that it was granted a task order contract by New York City Transit to offer construction management services in respect of the design and construction of the new Clifton Car Repair Shop in Staten Island, New York. According to the company, the four-year task order has an estimated value of about $9 million.

Hill indicated it would perform, as well as offer construction administration and daily oversight in the demolition and construction phases of the Clifton Car Repair Shop that was damaged during 2012's Superstorm Sandy. The company added that the project comprised of the demolition of the current buildings, construction of a fresh facility and landscaping apart from the necessary coordination between the Design Builder and in-house forces to perform the necessary outdoor track work.

The company stated that the fresh three-story railcar repair shop would have a total built-up area of about 86,000 square feet. Its SVP and Northeast Regional Manager, John Milano, said,
"We are honored to be part of the Superstorm Sandy reconstruction projects for New York City Transit. These improvement projects will help mitigate the city's infrastructure risk with hurricane resilient facilities."

Shares of the company traded 0.44 percent up on Tuesday.


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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