HOLLYWOOD, FL -- (Marketwired) -- 06/14/16 --
NV5 Global, Inc. (the "Company" or "NV5")
(NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it was awarded by Broward County two contracts for an initial term of five years to provide Quality Assurance Materials Testing services at the Fort Lauderdale-Hollywood International Airport (FLL) for $5.4 million.
NV5 has already provided construction quality assurance for two large projects at FLL: the construction of the new South Runway and the expansion of Terminal 4, which is the international passenger terminal. Under the two additional contracts, the Company will perform various construction quality assurance testing and inspections for capital improvements projects at FLL.
Dickerson Wright, PE, Chairman and CEO of NV5, said, "Our technical professionals have been providing construction quality assurance services in South Florida for over twenty years. We are very pleased to continue to provide services that have been part of our practice since our Company's inception to legacy clients like the Broward County Airport Authority."
Regarding the Broward airport projects, Steve Black, PE, NV5 Project Manager, said, "Working with the project managers at Broward County Aviation Department for over 12 years has been a rewarding professional experience and I look forward to continuing those relationships."
About Broward County
Broward is the second most populous county in Florida with a population of almost two million residents. With Palm Beach County to the north and Dade county to the south, the county covers more than 1,300 square miles, 470 of which have been developed. The Broward County Board of Commissioners is focused on its goals to create an exceptional quality of life in Broward, to make it a destination for international and domestic travelers, to attract businesses that will create countywide prosperity, and to provide a sustainable system of world-class infrastructure and human services. For more information, visit the County's website at www.broward.org.
NV5 Global, 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 58 offices in 25 states nationwide, 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 news 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.
NV5 Global, Inc.
Lauren Wright, Ph.D.
Director of Investor Relations
Source: NV5 Global, Inc.