NV5 Awarded $15 Million Infrastructure Engineering Design Contract by New York City Department of Design and Construction
December 15 2021 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), a provider of compliance, technology, engineering,
and environmental consulting solutions, announced today that it has
been awarded a three-year, $15 million term agreement with the New
York City Department of Design and Construction (NYCDDC) to provide
engineering design and related services for large infrastructure
projects throughout the five boroughs of New York City.
NV5 has provided professional design and inspection services to
NYCDDC since the agency’s inception in 1996. Projects have included
award-winning public open spaces, roadways, bridges, and greenways;
and all subsurface infrastructure necessary to support these
projects.
“We are proud of our 25-year relationship with the NYCDDC and
the contributions that NV5 has made to infrastructure improvements
in New York City,” said Dickerson Wright, PE, Chairman & CEO of
NV5. “Under this new contract we will continue to provide
innovative and practical solutions to address the issues the City
faces in the wake of recent economic and environmental
changes.”
“It is our goal to deliver every project with the community in
mind to ensure that the people of New York City are benefitting
from the improvements we are making,” said Joseph Menzer, PE, Vice
President and Director of New York Operations at NV5.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of compliance, technology, engineering, and environmental
consulting solutions for public and private sector clients
supporting sustainable infrastructure, utility, and building assets
and systems. The Company focuses on multiple verticals: testing,
inspection & consulting, infrastructure, utility services,
buildings & program management, environmental health sciences,
and geospatial technology services to deliver innovative,
sustainable solutions to complex issues and improve lives in our
communities. 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 LinkedIn, Twitter, Facebook,
and Instagram.
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
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