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NV5 Awarded $13M In Utility Services Contracts

Author: Benzinga Newsdesk | February 28, 2024 09:04am

NV5 Global, Inc. (the "Company" or "NV5") (NASDAQ:NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded $13 million in contracts to support utility projects in the Western U.S.

 

NV5 has been awarded a one-year, $8 million contract to deliver engineering, design, and surveying services for a wildfire protection and prevention program that aims to reduce fire risks from overhead utilities on the West Coast.

A West Coast utility also selected NV5 for a two-year, $3.5 million contract to provide engineering design, survey, construction inspection, geotechnical engineering, and project management support on a gas transmission main.

NV5 has also secured a one-year, $1.5 million project for utility initiatives that ensure regulatory compliance for transmission pipelines. NV5's contributions include engineering, design, and permitting support.

"Maintaining the safety and reliability of utility infrastructure is paramount to safeguarding communities and ensuring uninterrupted service delivery," said Dickerson Wright, PE, Chairman and CEO of NV5. "The investments being made by West Coast utility providers demonstrate their continued commitment to infrastructure resilience and meeting the evolving energy needs of the country."

Posted In: NVEE

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