NV5 secures $27 million Caltrans contract
© Reuters.
HOLLYWOOD, Fla. – NV5 Global, Inc. (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced it has been awarded a three-year contract valued at $27 million by the California Department of Transportation (Caltrans) District 6. Under the contract, NV5 will provide construction management services, including construction inspection, office engineering, claims support, and constructability reviews for various transportation projects in the central California region.
The scope of NV5’s services will encompass several critical infrastructure developments, including pavement rehabilitation on Interstate 5, highway expansion efforts, and the creation of new interchanges on State Route 99. The company’s involvement is expected to support the growth of NV5’s infrastructure sector presence and contribute to the sustainability, reliability, and safety of California’s transportation infrastructure.
Dickerson Wright, PE, Executive Chairman of NV5, emphasized the company’s commitment to delivering innovative solutions to enhance infrastructure sustainability. Todd George, PE, COO at NV5, expressed pride in the company’s longstanding relationship with Caltrans and the opportunity to advance transportation projects that benefit local communities.
NV5, with a national and international footprint, offers a range of services across utility, infrastructure, quality assurance, building technology, environmental health sciences, and geospatial services. The contract with Caltrans signifies NV5’s continued expansion and support of public sector infrastructure projects.
The announcement includes standard cautionary statements regarding forward-looking information, advising that actual results may differ due to various factors, such as changes in client demand, economic conditions, industry competition, regulatory changes, and other risks outlined in the company’s SEC filings.
This news report is based on a press release statement from NV5 Global, Inc. and does not include any promotional content or endorsements. The contract award marks a significant step for NV5 in supporting critical transportation infrastructure in California.
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