NV5 Announces $17M Location and Survey Services Contract with North Carolina Department of Transportation

11/19/18

HOLLYWOOD, Fla., Nov. 19, 2018 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE), a professional engineering and consulting solutions provider, announced today that it has been awarded a contract with the North Carolina Department of Transportation (NCDOT) to perform conventional route surveys, global positioning surveys (GPS), subsurface utility engineering (SUE), and high density laser scanning surveys for transportation projects throughout North Carolina. As part of the contract, NV5 will also serve as a general engineering services consultant for the NCDOT. The two-year contract is worth $17 million. Work commences in January 2019.

“Our group has provided surveying and utility location services to the NCDOT for the past 20 years,” said Jay Bissett, NV5’s Transportation Manager for the Carolinas. “Our experienced project managers and their dedication to the NCDOT uniquely positions us for these opportunities.”

Dickerson Wright, PE, Chairman and CEO of NV5, said, “The CALYX acquisition has fulfilled three very important goals for NV5 that allow us to execute our strategy to strengthen our infrastructure service platform in the southeastern United States. We added infrastructure and program management service lines to a geographical area that we were not currently servicing, we strengthened our organization with the inclusion of key technical and management leaders, and lastly, we added new long term client relationships.”

About the North Carolina Department of Transportation

The NCDOT is responsible for all modes of transportation in North Carolina, including highways, rail, aviation, ferries, public transit and bicycle and pedestrian. NCDOT also includes the Division of Motor Vehicles, the Governor’s Highway Safety Program, the State Ports Authority, Global TransPark, and the Turnpike Authority. For more information, visit the NCDOT’s website.

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a provider of professional and technical engineering and consulting solutions ranked #45 in the Engineering News Record Top 500 Design Firms list. NV5 serves 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.

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