HOLLYWOOD, FL -- (Marketwired) -- 05/19/15 --
NV5 Holdings, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has been awarded a contract to provide as-needed geotechnical engineering and construction materials testing services to San Diego Unified School District for three years. The contract was effective in April 2015 and is valued at $2.95 million.
"It is a privilege to continue our work with San Diego Unified School District," said Dickerson Wright, PE, Chairman and CEO of NV5. "We are extremely proud of our 40-year legacy with the San Diego City Schools."
"We are looking forward to working on San Diego Unified School District's modernization and new construction program to help ensure they have the best education facilities in Southern California for their 131,000 students and 6,000 teachers," said Guillaume Gau, PE, GE, Senior Engineering Manager at NV5.
About San Diego Unified School District
San Diego Unified is the second largest school district in California. With an annual budget exceeding $1 billion, the District encompasses 226 education facilities, including 117 elementary schools, 9 K-8 schools, 25 middle schools, 24 high schools, 14 alternative/atypical schools, and 49 charter schools. Founded in 1854, San Diego Unified School District has been rated one of the top urban school districts in the United States, based on state and national test scores and the District's leadership in areas such as curriculum, technology and career-technical education, neighborhood and specialty schools, and food services.
NV5 Holdings, 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 36 offices in California, Colorado, Florida, Massachusetts, New Jersey, Ohio, Pennsylvania, Utah and Wyoming and is headquartered in Hollywood, Florida. For additional information, please visit the Company's website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.
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 press 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 Holdings, Inc.
Lauren Wright, Ph.D.
Director of Investor Relations
Source: NV5 Holdings, Inc.