Atlas Awarded $4 Million Richards Boulevard Office Complex Project in California
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) announced that its subsidiary, Consolidated Engineering Laboratories, secured a $4 million contract for geotechnical and materials testing at the Richards Boulevard Office Complex in Sacramento, CA.
Sentiment and the balance of points
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Rhea-AI Summary
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) announced that its subsidiary, Consolidated Engineering Laboratories, secured a $4 million contract for geotechnical and materials testing at the Richards Boulevard Office Complex in Sacramento, CA. This complex, valued at approximately $1 billion, will serve 4,650 California state employees through four structural steel office buildings and a precast parking garage. The project emphasizes Atlas's capabilities in delivering value to clients in collaboration with the California Department of General Services.
Positive
- Secured a $4 million contract, boosting revenue potential.
- Project supports California government, enhancing public sector relationships.
- Richards Boulevard Office Complex is one of California's largest government buildings, indicating a high-profile project.
Negative
- None.
Details
News Market Reaction – ATCX
The recorded move for ATCX in the trading session of this news was +2.07%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
AUSTIN, Texas, July 07, 2020 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX), a leading provider of professional testing, inspection, engineering, program management and consulting services, announced today that the Company’s subsidiary, Consolidated Engineering Laboratories (“CEL”), has been awarded a
“This is a great opportunity for Atlas and we are pleased to work with a valued partner of ours, the California Department of General Services, to deliver this project to the state,” said Atlas COO, Gary Cappa. “This is yet another example of our Company’s ability to connect the best experts in the industry to deliver the greatest value to our clients.”
The Richards Boulevard Office Complex is one of California’s largest government buildings, at an estimated construction value of
About Atlas Technical Consultants
Headquartered in Austin, Texas, Atlas is a leading provider of professional testing, inspection engineering and consulting services under the name Atlas Technical Consultants, offering solutions to public and private sector clients in the transportation, commercial, water, government, education and industrial markets. With more than 100 offices in 40 states and 3,200+ employees, Atlas provides a broad range of mission-critical technical services, helping clients test, inspect, certify, plan, design and manage a wide variety of projects across diverse end markets. For more information, go to https://www.oneatlas.com.
Contacts
Media
Karlene Barron, 770-314-5270
karlene.barron@oneatlas.com
Investors
512-851-1507
ir@oneatlas.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/67ffae62-c821-451f-9284-70f6700b3186
https://www.globenewswire.com/NewsRoom/AttachmentNg/7b43fa2c-d432-4239-a4c5-9f97cab7aaf3
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