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Stock impact report

NV5 Announces $20 Million Owner’s Representative Contract in Northern California

NV5 Global, Inc. (NVEE) 
Last nv5 global, inc. earnings: 2/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nv5.com/investor-overview
Company Research Source: GlobeNewswire
HOLLYWOOD, Fla., Nov. 18, 2019 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of professional and technical engineering and consulting solutions, announced today the award of a four-year contract by a San Francisco Bay Area municipality to provide owner’s representation, design oversight, plan review, and field inspection services on a 240 acre mixed use redevelopment project.  The $8 billion project includes over nine million square feet of office, retail, dining and entertainment space, hotels, and more than 1,600 residential units and apartments. NV5’s initial assignment under the flexible services agreement is for $5 million. We anticipate this engagement will exceed $20 million in multi-vertical services as the project progresses. Because the site is being developed over a closed landfill, it poses complex design and construction challenges. NV5’s contract scope includes plan review and inspection services related to electrical transmi Show less Read more
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