NV5 Awarded $7 Million in Infrastructure Design Contracts by the City of Philadelphia
December 19 2024 - 7:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:
NVEE), NV5, a provider of
technology, certification, and consulting solutions, announced
today that it has been awarded over $7 million in infrastructure
design contracts by the City of Philadelphia, with projects
expected to be completed by 2028. These projects will enhance the
city’s commitment to creating more resilient and sustainable
communities while improving safety and quality of life for its
residents.
NV5’s planners, engineers, and landscape architects will support
Philadelphia’s green infrastructure, sustainability, and safety
initiatives, driving its vision for resilient and sustainable
neighborhoods. NV5’s expertise will play a vital role in the
planning and design of critical infrastructure, including green
infrastructure, parks, and greenways, as well as traffic safety
improvements to reduce roadway deaths and serious injuries within
the city’s high-injury network.
"NV5 continues to build on its long-standing relationship with
the City of Philadelphia, providing cutting-edge infrastructure
solutions that align with the city’s resilience and safety goals,”
said Alex Hockman, CEO of Infrastructure at NV5. “These projects
underscore NV5’s market leadership in green infrastructure and our
proven ability to promote long-term growth by delivering
high-value, sustainable design solutions that meet evolving urban
challenges."
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, certification, 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 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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