NV5 Global, Inc. (Nasdaq: NVEE), a leader in compliance, technology, engineering, and environmental consulting solutions, has announced the award of $10 million in contracts by the North Carolina Department of Transportation (NCDOT) to support major infrastructure projects across the state.
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NV5 Global
“NV5’s DOT Growth Initiative, launched in 2023, ensures our top engineers and technical experts are closely engaged with clients to deliver exceptional technical solutions,” said Dickerson Wright, PE, Executive Chairman of NV5. “Having partnered with NCDOT for over 25 years, our expanded role reflects our dedication to providing high-quality support for North Carolina’s transportation infrastructure.”
The contracts include:
- $4 million for the NCDOT Rail Division’s Raleigh to Richmond (R2R) Roadway Design Project: Over the next five years, NV5 will handle roadway and drainage design, utility coordination, and cost estimating services. This project is partially funded by the Federal Railroad Administration’s Consolidated Rail Infrastructure and Safety Improvements (CRISI) grant awarded to NCDOT in 2022.
- $4 million for the NCDOT Western Region: This two-year contract involves supporting transportation infrastructure development, conducting project plan reviews, and producing technical reports. NV5 will also act as a general engineering consultant to review designs and assist in project delivery.
- $2 million for the NCDOT Comprehensive Environmental Analysis Unit (EAU): Over the next two years, NV5 will conduct statewide natural environment studies, historic architectural and landscape analyses, public involvement and community studies, and archaeological investigations.
About NV5
NV5 Global, Inc. (NASDAQ: NVEE) provides technology, compliance, and consulting solutions for both public and private sector clients, focusing on utility, infrastructure, and building assets and systems. The company operates across six business areas: Utility Services, Infrastructure Engineering, Construction Quality Assurance, Buildings & Technology, Environmental Health Sciences, and Geospatial Services. NV5 has more than 100 offices in the U.S. and internationally. For more information, visit www.NV5.com or connect with the company on Twitter, LinkedIn, Facebook, and Vimeo.
Forward-Looking Statements
This press release contains “forward-looking statements” as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements are subject to significant risks and uncertainties that could cause actual results to differ materially from those projected. Factors include changes in demand from local and state governments and private clients, economic conditions, industry competition, regulatory changes, and other risks detailed in the Company’s SEC filings. NV5 assumes no obligation to update these statements, except as required by law.
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