NV5 Awarded $13 Million in Utility Services Contracts
28 2월 2024 - 10:00PM
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 $13 million in
contracts to support utility projects in the Western U.S.
NV5 has been awarded a one-year, $8 million
contract to deliver engineering, design, and surveying services for
a wildfire protection and prevention program that aims to reduce
fire risks from overhead utilities on the West Coast.
A West Coast utility also selected NV5 for a
two-year, $3.5 million contract to provide engineering design,
survey, construction inspection, geotechnical engineering, and
project management support on a gas transmission main.
NV5 has also secured a one-year, $1.5 million
project for utility initiatives that ensure regulatory compliance
for transmission pipelines. NV5’s contributions include
engineering, design, and permitting support.
“Maintaining the safety and reliability of utility
infrastructure is paramount to safeguarding communities and
ensuring uninterrupted service delivery,” said Dickerson Wright,
PE, Chairman and CEO of NV5. “The investments being made by West
Coast utility providers demonstrate their continued commitment to
infrastructure resilience and meeting the evolving energy needs of
the country.”
About NV5
NV5 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, construction quality assurance,
buildings & technology, environmental health sciences, and
geospatial services. NV5 operates out of more than 100 offices
nationwide and abroad. For additional information, please visit the
Company’s website at. Also visit the Company
on Twitter, LinkedIn, Facebook, and Vimeo.
Forward-Looking Statements
This 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 Contact
NV5 Global, Inc.Jack CochranVice President,
Marketing & Investor RelationsTel: +1-954-637-8048Email:
ir@nv5.com
Source: NV5 Global, Inc.
NV5 Global (NASDAQ:NVEE)
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