HOLLYWOOD, FL -- (Marketwired) -- 08/28/15 --
NV5 Holdings, Inc. (the "Company") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, announced today that it was recently awarded a contract for more than $10 million for the siting and design of right-of-way green infrastructure practices throughout 1,561 acres of Bayside, Queens, New York. The contract was won by the infrastructure and environmental services team at The RBA Group and is one of several green infrastructure projects awarded to RBA under the city-wide NYCDEP green infrastructure program. The project includes a comprehensive site selection process, with site investigations, historical data analysis, surface and subsurface drainage analysis, geotechnical investigation, site survey, and structural analysis followed by green infrastructure design and construction management support services.
Dickerson Wright, PE, Chairman and CEO of NV5, said, "In the mere month that has elapsed since RBA joined the NV5 family, we have learned of several new large-scale planning and design contract wins with prominent public clients and agencies in the Northeast. We are looking forward to sharing the news with our shareholders and also to realizing opportunities for cross-selling between RBA and our existing Northeastern operations."
David Lapping, PTP, President of RBA, and Linda Reardon, PE, Senior Vice President and Director of New York City, Long Island, Connecticut and Pennsylvania Operations at RBA, added, "This is a great opportunity for us to expand our growing Green Infrastructure practice in New York City and we hope it will be a springboard towards generating additional opportunities in other geographic markets."
"The City's Green Infrastructure program matches our philosophy of incorporating sustainable strategies into all of our design projects. In particular, this project will help mitigate combined sewer overflows by capturing and infiltrating stormwater before it enters the combined sewer system, reducing the amount of traditional grey infrastructure required and simultaneously greening the City in which we work and live," said David Ksyniak, PE, Project Manager at RBA.
The New York City Department of Design and Construction (NYCDDC) is the City's primary capital construction project manager with a portfolio valued at $10 billion. NYCDDC frequently partners with other city agencies such as the New York City Department of Environmental Protection (NYCDEP) to achieve its goal of providing New Yorkers with buildings and services that are socially responsible, progressively designed, and environmentally sound. Over the last decade, NYCDDC's staff of 1,200 has completed more than 745 miles of new roadway, 735 miles of water mains, 588 miles of storm and sanitary sewers, and 42,000 sidewalk pedestrian ramp installations in all five boroughs. To learn more about NYCDDC and NYCDEP, visit www.NYC.gov.
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.
NV5 Holdings, Inc.
Lauren Wright, Ph.D.
Director of Investor Relations
Source: NV5 Holdings, Inc.