NV5 Awarded $6 Million Transportation Infrastructure Contract by City of Fresno
June 21 2021 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of compliance, technology, and engineering solutions,
announced today that the City of Fresno, California has selected
NV5 for a $6.3 million contract to provide program management
services for the Veterans Boulevard Interchange and Corridor
Improvement Project, a major arterial road and interchange in
California’s Central Valley. The project includes the expansion of
Veterans Boulevard to a six-lane roadway, a new interchange with
State Route 99 including four bridges, and improvements to the
surrounding roadways.
“As one of the largest cities in California, Fresno is a
significant center of business in the Central Valley,” said
Dickerson Wright, PE, Chairman and CEO of NV5. “The Veterans
Boulevard project will provide a much needed east-west crossing of
State Route 99, reducing congestion and minimizing traffic delays
for commuters, emergency responders, and commercial
traffic.”
Under this contract, NV5 will provide owner’s representative
services, project management, inspection services, and additional
support services. The project is expected to be completed in
December 2024.
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.
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Jul 2024 to Jul 2024
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Jul 2023 to Jul 2024