Major Western Utility Selects NV5 for $9 Million in Surveying, Permitting, and Technical Services
June 24 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 three utility
infrastructure contracts by a Western utility totaling
approximately $9 million. NV5 will provide surveying, permitting,
and technical services to support the construction and maintenance
of the utility’s electric and gas infrastructure.
“Improvements to utility infrastructure and the upgrade of
existing assets is essential to the delivery of reliable power to
the communities we serve,” said Dickerson Wright, PE, Chairman and
CEO of NV5. “NV5’s expertise in identifying and resolving
accessibility challenges and easement interference during
construction and maintenance of utility infrastructure is a
differentiator for NV5 and provides a unique value for our utility
clients.”
Under the scope of the contracts, NV5 will provide surveying to
support the utility’s facility maintenance program, assistance
obtaining permits from jurisdictions where gas or electric
utilities are being constructed or renovated, and plan review of
municipal and transportation agency engineering designs that
interfere with electrical and gas utility infrastructure.
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