HOLLYWOOD, FL -- (Marketwired) -- 10/20/14 --
NV5 Holdings, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, today announced that its contract to provide project management services to The University of Kansas Hospital has been extended to 2018. NV5 will continue to lead the planning and execution of Phase One of the Hospital's facilities master plan. NV5 fees on the project will be increased to approximately $3 million.
"Extending our contract on this transformational project demonstrates the University of Kansas Hospital's confidence in NV5," commented Dickerson Wright, Chairman and CEO of NV5. "We are pleased to continue our relationship with this nationally ranked healthcare provider."
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, energy, program management and environmental solutions. The Company operates 26 offices in California, Colorado, Utah, Florida, Pennsylvania and New Jersey 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 herein. Such factors include, but are not limited to: (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.
NV5 Holdings, Inc.
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The Piacente Group | Investor Relations
Don Markley or Glenn Garmont
Source: NV5 Holdings, Inc.