NV5 Awarded $5 Million Bypass Project by Georgia Department of Transportation
December 23 2024 - 7:00AM
NV5, a provider of technology, conformity assessment, and
consulting solutions, announced today that it has been awarded
a $5 million, five-year contract by the Georgia Department of
Transportation (GDOT) to lead the Watkinsville Bypass project
connecting SR 24 and SR 15 in Oconee County, Georgia. NV5 will
deliver a full suite of services, including geomatics,
environmental studies, roadway and bridge design, hydraulic and
hydrological analysis, traffic and geotechnical engineering,
right-of-way services, and erosion control.
“This award highlights NV5’s ability to effectively cross-sell
our diverse capabilities, driving growth and reinforcing our
reputation for delivering innovative, high-value solutions in the
infrastructure sector,” said Alex Hockman, PE, CEO of
Infrastructure at NV5. “We look forward to collaborating with GDOT
to bring the Watkinsville Truck Bypass project to life.”
The Watkinsville Bypass is the result of a transportation study
conducted in 2021 to determine a proposed route and impact on local
traffic conditions. The bypass will improve connectivity and
traffic flow by rerouting trucks away from downtown Watkinsville
and will contribute to regional development and transportation
efficiency in Oconee County.
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.
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Nov 2024 to Dec 2024
NV5 Global (NASDAQ:NVEE)
Historical Stock Chart
From Dec 2023 to Dec 2024