Atlas Awarded $15 Million Maximum Value Contract to Support Georgia Department of Transportation’s Railroad Safety Program
January 06 2023 - 7:00AM
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the
“Company”), a leading Infrastructure and Environmental solutions
provider, announced today that it was selected by the Georgia
Department of Transportation’s (GDOT) Railroad Safety Program to
provide Engineering & Design and Environmental services related
to rail crossings owned by one of the largest Class 1 rail
operators in the state. The contract has a maximum value of $15
million with an initial term of three years, and an option for a
two-year extension.
GDOT’s Railroad Safety Program mission is to identify, reduce
and eliminate hazards at at-grade railroad crossings throughout the
State through the installation of warning device equipment,
crossing consolidation, and roadway and striping improvements to
crossing approaches and grade separations. Under the contract,
Atlas’ technical staff will conduct field inventory of railroad
crossings, provide concept, preliminary, and final design plans for
prioritized projects, as well as prepare National Environmental
Policy Act (NEPA) studies.
“Atlas has partnered with GDOT for over 16 years, providing our
full portfolio of services to various transit-related markets
throughout the state,” said Atlas CEO, L. Joe Boyer. “We are
excited to continue our work under GDOT’s railroad safety program
and with major rail operators in our shared efforts to improve the
safety and efficiency of Georgia’s transportation
infrastructure.”
About Atlas Technical ConsultantsHeadquartered
in Austin, Texas, Atlas is a leading provider of Infrastructure and
Environmental Solutions. We partner with our clients to improve
performance and extend the lifecycle of built and natural
infrastructure assets stressed by climate, health, and economic
impacts. With 3,500+ employees nationwide, Atlas brings deep
technical expertise to public- and private-sector clients,
integrating services across four primary disciplines: Environmental
(ENV); Testing, Inspection and Certification (TIC); Engineering
& Design (E&D); and Program Management/Construction
Management, and Quality Management (PCQM). To learn more about
Atlas innovations for transportation, commercial, water,
government, education, and industrial markets,
visit https://www.oneatlas.com.
Forward-Looking StatementsThe
statements contained in this press release that are not purely
historical are forward-looking statements. Our forward-looking
statements include, but are not limited to, statements regarding
our management team’s expectations, hopes, beliefs, intentions or
strategies regarding the future. The information included in this
press release in relation to Atlas has been provided by Atlas and
its management team, and forward-looking statements include
statements relating to Atlas’ management team’s expectations,
hopes, beliefs, intentions or strategies regarding the future. In
addition, any statements that refer to projections, forecasts or
other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking
statements. The words “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intends,” “may,” “might,” “plan,”
“possible,” “potential,” “predict,” “project,” “should,” “would”
and similar expressions may identify forward-looking statements,
but the absence of these words does not mean that a statement is
not forward-looking. The forward-looking statements contained in
this press release are based on our current expectations and
beliefs concerning future developments and their potential effects
on us and are based on management’s experience and perception of
historical trends, current conditions, anticipated future
developments and other factors believed to be appropriate. There
can be no assurance that future developments affecting us will be
those that we have anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond
our control) or other assumptions that may cause actual results or
performance to be materially different from those expressed or
implied by these forward-looking statements. These risks and
uncertainties include, but are not limited to: (1) the effect,
impact, potential duration or other implications of the COVID-19
pandemic and any expectations we may have with respect thereto; (2)
the risk that our actual results may differ from the guidance we
have provided; (3) the ability to recognize the anticipated
benefits of our past acquisitions, which may be affected by, among
other things, competition, the ability of the Company to grow and
manage growth profitably, maintain relationships with customers and
suppliers and retain management and key employees; (4) changes
adversely affecting the business in which we are engaged; (5)
changes in applicable laws or regulations; (6) the possibility that
the Company may be adversely affected by other economic, business,
and/or competitive factors; and (7) other risks and uncertainties
indicated from time to time in the Company’s filings with the U.S.
Securities and Exchange Commission, including those under “Risk
Factors” therein.
Contacts:
MediaKarlene
Barron770-314-5270karlene.barron@oneatlas.com
Investor Relations Chase
Jacobson, Vallum Advisors512-851-1507ir@oneatlas.com
Atlas Technical Consulta... (NASDAQ:ATCX)
Historical Stock Chart
From Apr 2024 to May 2024
Atlas Technical Consulta... (NASDAQ:ATCX)
Historical Stock Chart
From May 2023 to May 2024