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NV5 Awarded $5 Million Multidisciplinary General Engineering Design Contract for New Jersey Department of Transportation

1269 Days ago

HOLLYWOOD, Fla., Sept. 17, 2018 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE) (“NV5” or the “Company”), a professional and technical engineering and consulting solutions provider, announced today that it has been selected to provide general engineering design services, including civil design, geotechnical engineering, field and aerial surveying, and environmental planning for the New Jersey Department of Transportation (NJDOT). The contract totals $5 million in fees over three years.

Denice daCunha, PE, Project Manager at NV5, said, “Our ability to provide localized multidisciplinary services through our New Jersey office enables us to meet NJDOT project needs from concept development through construction. We look forward to continuing project assignments, on-going collaboration with NJDOT, and meaningful community and agency engagement.”

Dickerson Wright, PE, Chairman and CEO at NV5, said, “We are pleased to see that the New Jersey Department of Transportation has selected NV5 for this important assignment. We are also encouraged that NJDOT recognizes the value our multidisciplinary approach.”

About New Jersey Department of Transportation

The New Jersey Department of Transportation (NJDOT) is the agency responsible for maintaining and operating the State’s highway and public road system, planning and developing transportation policy, and assisting with rail, freight and intermodal transportation issues.  NJDOT was established in 1966 as the first State transportation agency in the United States and maintains and operates a total of 2,317 centerline miles of roads.  For more information on NJDOT visit the Department’s website.

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and abroad in Macau, Hong Kong, and the UAE. 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 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.


NV5 Global, Inc.
Jenna Carrick
Investor Relations Manager
Tel: +1-916-641-9124
Email: ir@nv5.com

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