NV5 Awarded $5 Million in Environmental Consulting Projects
June 23 2022 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), a provider of technology, conformity assessment,
and consulting solutions, announced today that it has been recently
awarded $5 million in contracts to provide environmental consulting
services supporting natural resource conservation and identifying
environmental, health, and safety risks in public education and
retail facilities.
A large public school district in Southern California selected
NV5 for two contracts totaling approximately $3 million to provide
asbestos and lead consulting as well as environmental site
assessment services for renovation of existing facilities and new
construction. Both contracts are three-year awards through 2025
with options for two one-year renewals.
The New Mexico Department of Game and Fish awarded NV5 a
five-year, $1 million contract to provide cultural and natural
resources consulting and National Environmental Policy Act (NEPA)
compliance services.
A national grocery retailer selected NV5 to provide
environmental site assessments, vapor intrusion monitoring,
asbestos and lead consulting, and property condition assessments
for new grocery stores across the country. The contract is valued
at approximately $1 million and has a three-year term.
“NV5’s ESG services deliver comprehensive consultative solutions
to support our clients’ environmental, clean energy, safety, and
sustainable infrastructure goals,” said Dickerson Wright, PE,
Chairman and CEO of NV5. “We are pleased to have been selected for
these contracts that will assist our clients with protecting
natural resources and providing safe educational and retail
facilities.”
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, conformity assessment, and consulting
solutions for public and private sector clients supporting
sustainable infrastructure, utility, and building assets and
systems. The Company’s services include multiple verticals such as
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
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Jun 2024 to Jul 2024
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Jul 2023 to Jul 2024