The City of New York Awards Contracts to NV5 Global

On August 29, NV5 Global, Inc. (NVEE) announced that the company received three contract awards from the New York City Department of Design and Construction (NYCDDC). The contracts total $12 million over three years.  NV5 will provide engineering services for the Red Hook Integrated Flood Protection System project in Brooklyn, design services for Phase 5 of the Grand Concourse Reconstruction project in the Bronx, and construction inspection services for water and sewer systems in Brooklyn.

 

Sonal issued an alert at 8:00 am, and the stock opened for regular market trading at $61.94. The stock price moved higher on the news over the next five days. NV5 Global closed at $65.70 on September 5 for a gain of 6%.

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