SOURCE: NV5 Holdings, Inc.

NV5 Holdings, Inc.

December 15, 2014 07:00 ET

NV5 Awarded Over $1 Million for Colorado Projects

HOLLYWOOD, FL--(Marketwired - Dec 15, 2014) - NV5 Holdings, Inc. (the "Company" or "NV5") (NASDAQ: NVEE), a provider of professional and technical engineering and consulting solutions, was recently awarded over $1 million for three program management contracts in Colorado:

  • Garfield County School District 16's capital improvement projects. A $30 million bond will fund safety upgrades and renovation of several elementary, middle and high school buildings throughout the district, in addition to new construction and replacement of athletic facilities.

  • Town of Vail's Golf Clubhouse and Nordic Center renovation and expansion. The project is funded through a ballot initiative approved by voters in 2011, and is a partnership between the Town of Vail and the Vail Recreation District. The project is expected to contribute to the sustained growth of Vail's economy.

  • Ross Montessori Charter School, in Carbondale. Funded by a USDA loan and private fundraising, the new Phase I 20,000 square foot facility will replace temporary modular facilities. NV5 will be providing owner's representation services including project initiation, design and construction team selection and management, master schedule development, change order validation, and project closeout services including warranty management and team performance reviews.

"NV5's selection for these projects is a result of our strong professional qualifications in program management, and demonstrates our ability to continue to grow this service offering across the country," commented Dickerson Wright, Chairman and CEO of NV5. "When a local community passes a bond to fund improvements to their schools, or a municipality improves their facilities, they view NV5 as the clear choice to execute their projects on time and under budget."

About NV5

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 28 offices in California, Colorado, Utah, Florida, Pennsylvania, New Jersey and Ohio 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.

Forward-Looking Statements

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.

Contact Information

  • Contacts:

    NV5 Holdings, Inc.
    Richard Tong
    Tel: +1-954-495-2114
    Email: ir@nv5.com

    - OR -

    The Piacente Group | Investor Relations
    Don Markley or Glenn Garmont
    Tel: +1-212-481-2050
    Email: nv5@tpg-ir.com