NV5 won $ 15 million for infrastructure engineering design

NV5 won $ 15 million for infrastructure engineering design

HOLLYWOOD, Florida, December 15, 2021 (GLOBE NEWSWIRE) – NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE)a provider of compliance, technology, engineering and environmental consulting solutions, announced today that it has received a three-year, $ 15 million contract with the New York City Department of Design and Construction (NYCDDC) to provide engineering design and related services for large infrastructure projects in 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, roads, bridges and greenways; and all underground infrastructure needed to support these projects.

“We are proud of our 25-year relationship with NYCDDC and the contribution NV5 has made to improving infrastructure in New York City,” said Dickerson Wright, PE, President and CEO of NV5. “With this new contract we will continue to provide innovative and practical solutions to address the problems facing the city in the wake of recent economic and environmental changes.”

“Our goal is to deliver every project with the community in mind to ensure that the people of New York City benefit from the improvements we are making,” said Joseph Menzer, PE, Vice President and Director of Operations for New York at NV5.

About NV5
NV5 Global, Inc. (NASDAQ: NVEE) is a provider of compliance, technology, engineering and environmental consulting solutions for public and private sector clients supporting sustainable infrastructure, utilities and assets and building systems. The company focuses on multiple verticals: testing, inspection and consulting, infrastructure, utilities, building and program management, environmental health sciences, and geospatial technology services to provide innovative and sustainable solutions to complex problems and improve lives in our communities. NV5 operates with more than 100 offices nationwide and abroad. For more information, visit the Company’s website at www.NV5.com. Visit the company also on LinkedIn, Twitter, Facebook and Instagram.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Safe Harbor provisions of the United States Private Securities Litigation Reform Act of 1995. The Company warns 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 press release. These factors include: (a) changes in demand from local and state governments and the private customers 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 compete successfully with our competitors; (d) changes to laws, regulations or policies; and (e) the “Risk Factors” set forth in the Company’s latest SEC records. All forward-looking statements are based on information available to the Company as of today and the Company undertakes no obligation to update such statements except as required by law.

Investor Relations Contact

NV5 Global, Inc.
Jack Cochran
Vice President, Marketing and Investor Relations
Tel: + 1-954-637-8048
Email: ir@nv5.com


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