NV5 Awarded $7 Million Lake Havasu Bridge and Roadway Infrastructure Improvement Contract
November 06 2024 - 8:00AM
NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a
provider of technology, certification, and consulting solutions,
announced today that it has been awarded a $7 million contract to
lead the engineering design and construction management for the
Lake Havasu City Second Bridge and Roadway Project in Lake Havasu
City, Arizona. The three-year essential infrastructure project will
provide a second connection from the mainland to Lake Havasu
Island, previously accessible only by a single point of entry.
“NV5 is pleased to contribute to transportation infrastructure
improvements that will support Lake Havasu City’s economic
development, provide access to recreational infrastructure on the
island, and ease traffic congestion in the city,” said Alex
Hockman, PE, CEO of Infrastructure at NV5. “This transformative
project highlights our commitment to supporting strong and thriving
communities, and our team is dedicated to delivering a design that
prioritizes sustainability and the well-being of Lake Havasu City
residents.”
The Second Bridge will relieve pressure on the city’s iconic
London Bridge, originally relocated from London, England to Lake
Havasu City in 1968. The Second Bridge and Roadway Project will
mitigate traffic congestion, support economic development and
population growth in Lake Havasu City, and provide improved access
for emergency vehicles, residents, and visitors.
About NV5NV5 Global, Inc. (NASDAQ: NVEE) is a
provider of technology, certification, and consulting solutions for
public and private sector clients supporting utility,
infrastructure, and building assets and systems. The Company
primarily focuses on six business verticals: Utility services,
infrastructure engineering, testing, inspection & consulting,
buildings & technology, environmental health sciences, and
geospatial services. NV5 operates out of more than 100 offices
nationwide and abroad. 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 StatementsThis 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 news 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.
Investor Relations ContactNV5 Global, Inc. Jack
CochranVice President, Marketing & Investor RelationsTel:
+1-954-637-8048Email: ir@nv5.com
Source: NV5 Global, Inc.
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