HOLLYWOOD, FL -- (Marketwired) -- 10/19/15 --
NV5 Holdings, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it has finished civil design work for its most recent project on the University of Utah campus: a state-of-the-art multistory parking garage, complete with 810 parking spaces, electric vehicle charging stations, and a reinforced roof topped with a recreational synthetic turf sports field that will have rails, nets, and will be lit for evening use. NV5 has provided civil design services on several new buildings on the University's campus, bringing NV5's fees associated with campus improvements to approximately $2 million.
NV5 has also played a key role in making the University of Utah's campus more sustainable. NV5's Salt Lake City Infrastructure office completed sustainable storm drain work, converted the campus-wide irrigation system to non-potable water, and created sustainable design standards and a "net zero" campus water master plan.
"We are always proud of the role our infrastructure engineers play in improving the lives of University students, professors, and communities at institutions all over the country," said Ernesto Aguilar, PE, COO of Infrastructure at NV5.
"Our relationship with the University of Utah has been very important to us," added Ryan Cathey, PE, Project Manager and Director of NV5's Infrastructure office in Utah. "The services we are able to provide the University have expanded as the needs of Utah faculty, students and administration have evolved."
About the University of Utah
The University of Utah was founded in 1850 and serves more than 31,000 undergraduate and graduate students today. In addition to garnering a national reputation for its commitment to sustainability, innovation, and cutting-edge research, the University's Salt Lake City campus is a community destination, home to the Natural History Museum of Utah and the Utah Museum of Fine Arts, among other institutions, and is ranked first in the nation for Entertainment Arts and Engineering. The University of Utah is also home to a NCAA Division I athletics program and a Pac-12 football team.
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 42 offices in Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Maryland, New Jersey, New Mexico, New York, Ohio, Pennsylvania, Utah, Washington 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.