NV5 Awarded $10 Million in Infrastructure Contracts in Florida and New York
April 14 2021 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of compliance, technology, and engineering solutions,
announced today that it has been awarded approximately $10 million
in infrastructure projects in Florida and New York. NV5 will
provide engineering design, construction inspection, geotechnical
engineering, and materials testing to support transportation,
sewer, and water delivery improvements.
The Florida Department of Transportation awarded NV5 a five-year
contract to provide geotechnical engineering and materials testing
services. The scope of the contract covers sections throughout the
260-mile span of the Florida Turnpike. Services will be provided by
multiple NV5 offices throughout the state.
In New York, NV5 was selected for a three-year contract to
provide engineering design services to improve interstate access to
the Hunts Point Peninsula in the Bronx, home to the largest food
distribution facility in the United States. NV5’s
responsibilities include utility design for all sewer, water main,
and private utilities, design of the multi-use path, and
development of the required environmental permitting plans.
NV5 was also awarded a one-year contract by the New York City
Department of Design and Construction to provide resident
engineering inspection services for sewer and water main work in
Park Place between Underhill Avenue and Flatbush Avenue and other
locations in Brooklyn.
“We are pleased to contribute our technical expertise to support
the communities in which we live and work,” said Dickerson Wright,
PE, Chairman and CEO of NV5. “From food and water distribution, to
safe and efficient roads, infrastructure improvements are essential
to support economic growth and public well-being.”
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of compliance, technology, and engineering consulting
solutions for public and private sector clients supporting
infrastructure, utility, and building assets and systems. The
Company primarily focuses on six business verticals: testing,
inspection & consulting, infrastructure support services,
utility services, buildings & program management, environmental
health sciences, and geospatial technology services. NV5 operates
out of more than 100 offices nationwide and abroad. For additional
information, please visit the Company’s website at www.NV5.com.
Also visit the Company on Twitter, LinkedIn, Facebook, and
Vimeo.
Forward-Looking StatementsThis press release
contains “forward-looking statements” within the meaning of the
safe harbor provisions of the U.S. Private Securities Litigation
Reform Act of 1995. The Company cautions that these statements are
qualified by important factors that could cause actual results to
differ materially from those reflected by the forward-looking
statements contained in this news release. Such factors include:
(a) changes in demand from the local and state government and
private clients that we serve; (b) general economic conditions,
nationally and globally, and their effect on the market for our
services; (c) competitive pressures and trends in our industry and
our ability to successfully compete with our competitors; (d)
changes in laws, regulations, or policies; and (e) the “Risk
Factors” set forth in the Company’s most recent SEC filings. All
forward-looking statements are based on information available to
the Company on the date hereof, and the Company assumes no
obligation to update such statements, except as required by
law.
Investor Relations ContactNV5 Global, Inc. Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
Source: NV5 Global, Inc.
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