North Carolina Department of Transportation Awards NV5 $10 Million Survey and Engineering Contract
April 13 2023 - 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 selected by the North
Carolina Department of Transportation (NCDOT) for a $10 million
contract award to obtain and deliver survey data to support the
design and maintenance of NCDOT highways, bridges, and other
transportation infrastructure throughout the state.
Under the scope of this two-year agreement, NV5 will deliver
traditional surveying and location services including GPS, high
density laser scanning, route location surveys, and subsurface
utility engineering services. NV5 will also act as a general
engineering services consultant to the NCDOT Location and Surveys
Unit.
“For over 20 years, NV5 has worked as an embedded partner of the
North Carolina Department of Transportation through engineering
design, surveying, planning, testing, and inspection solutions,”
said Dickerson Wright, PE, Chairman and CEO of NV5. “We are pleased
to have been selected for this award, and we look forward to
continuing to support the NCDOT’s mission of connecting people,
products, and places safely and efficiently.”
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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