Los Angeles County Awards NV5 $6 Million Environmental Services Contract
November 07 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 awarded a $6 million
contract by the Los Angeles County Department of Public Works to
provide environmental compliance services for infrastructure and
facility projects across the county.
The Department of Public Works is responsible for providing
infrastructure and essential services to more than 10 million
people across a 4,000 square mile service area. Under the five-year
contract, NV5 will provide environmental site assessments,
remediation management, and environmental compliance support.
“Environmental regulations related to infrastructure and
facilities exist at the federal, state, and local level, and
achieving compliance to all of these standards can be a complex
task,” said Dickerson Wright, PE, Chairman and CEO of NV5. “NV5 has
provided environmental expertise to Los Angeles County for more
than 20 years, and we are pleased that our environmental expertise
will continue to support the mission of the Los Angeles Department
of Public Works to protect and enrich the daily lives of Los
Angeles County residents.”
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, conformity assessment, and consulting
solutions for public and private sector clients supporting utility,
infrastructure, and building assets and systems. The Company
primarily focuses on six business verticals: utility services,
infrastructure engineering, testing, inspection & consulting,
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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