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NV5 Awarded $20 Million in New York City Park Facilities Design and Construction Management Contracts

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NV5 (NASDAQ:NVEE) has secured engineering design and construction management contracts worth over $20 million from the New York City Department of Parks and Recreation. The contracts focus on supporting improvements to parks and recreation facilities across New York City's more than 1,700 parks and recreational spaces.

The company will deploy its engineers, landscape architects, inspectors, and construction managers to support the reconstruction and renovation of recreation centers, greenways, sports facilities, parks, playgrounds, and public open spaces throughout the city. This award extends NV5's 20-year relationship with the NYC Parks Department, which oversees over 30,000 acres and more than 5,000 individual properties.

NV5 (NASDAQ:NVEE) ha ottenuto contratti per la progettazione ingegneristica e la gestione della costruzione del valore di oltre 20 milioni di dollari dal Dipartimento di Parchi e Ricreazione della città di New York. I contratti sono finalizzati a supportare i miglioramenti delle strutture di parchi e ricreazione in oltre 1.700 parchi e spazi ricreativi della città di New York.

L'azienda impiegherà ingegneri, architetti paesaggisti, ispettori e responsabili della costruzione per sostenere la ricostruzione e la ristrutturazione di centri ricreativi, greenway, impianti sportivi, parchi, aree giochi e spazi pubblici aperti in tutta la città. Questo incarico prolunga il rapporto ventennale di NV5 con il Dipartimento Parchi di NYC, che gestisce oltre 30.000 acri e più di 5.000 proprietà individuali.

NV5 (NASDAQ:NVEE) ha asegurado contratos de diseño de ingeniería y gestión de construcción por un valor superior a 20 millones de dólares del Departamento de Parques y Recreación de la ciudad de Nueva York. Los contratos se centran en apoyar mejoras en parques e instalaciones recreativas en más de 1,700 parques y espacios recreativos de la ciudad de Nueva York.

La empresa desplegará a sus ingenieros, arquitectos paisajistas, inspectores y gerentes de construcción para apoyar la reconstrucción y renovación de centros recreativos, vías verdes, instalaciones deportivas, parques, áreas de juegos y espacios públicos abiertos en toda la ciudad. Este contrato extiende la relación de 20 años de NV5 con el Departamento de Parques de NYC, que supervisa más de 30,000 acres y más de 5,000 propiedades individuales.

NV5 (NASDAQ:NVEE)는 뉴욕시 공원 및 레크리에이션 부서로부터 2,000만 달러 이상의 엔지니어링 설계 및 건설 관리 계약을 확보했습니다. 이 계약들은 뉴욕시의 1,700개 이상의 공원 및 레크리에이션 공간 전반에 걸쳐 공원 및 레크리에이션 시설 개선을 지원하는 데 중점을 두고 있습니다.

회사는 엔지니어, 조경 건축가, 검사관 및 건설 관리자를 배치하여 도시 전역의 레크리에이션 센터, 그린웨이, 스포츠 시설, 공원, 놀이터 및 공공 개방 공간의 재건 및 리노베이션을 지원할 예정입니다. 이번 수주는 20년간의 뉴욕시 공원 부서와의 관계를 확장하는 것으로, 이 부서는 30,000에이커 이상5,000개 이상의 개별 부동산을 관리하고 있습니다.

NV5 (NASDAQ:NVEE) a obtenu des contrats de conception ingénierique et de gestion de construction d'une valeur de plus de 20 millions de dollars auprès du Département des parcs et loisirs de la ville de New York. Ces contrats visent à soutenir les améliorations des parcs et des installations récréatives à travers plus de 1 700 parcs et espaces récréatifs de la ville de New York.

L'entreprise mobilisera ses ingénieurs, architectes paysagistes, inspecteurs et gestionnaires de construction pour appuyer la reconstruction et la rénovation des centres récréatifs, voies vertes, installations sportives, parcs, terrains de jeux et espaces publics ouverts dans toute la ville. Cette attribution prolonge la relation de 20 ans de NV5 avec le Département des parcs de NYC, qui supervise plus de 30 000 acres et plus de 5 000 propriétés individuelles.

NV5 (NASDAQ:NVEE) hat Ingenieur-Design- und Baumanagementverträge im Wert von über 20 Millionen US-Dollar vom New Yorker Amt für Parks und Erholung erhalten. Die Verträge konzentrieren sich darauf, Verbesserungen an Parks und Freizeiteinrichtungen in über 1.700 Parks und Erholungsflächen in New York City zu unterstützen.

Das Unternehmen wird seine Ingenieure, Landschaftsarchitekten, Prüfer und Bauleiter einsetzen, um den Wiederaufbau und die Renovierung von Freizeitzentren, Grünwegen, Sportanlagen, Parks, Spielplätzen und öffentlichen Freiflächen in der ganzen Stadt zu unterstützen. Dieser Auftrag verlängert die 20-jährige Beziehung von NV5 mit dem NYC Parks Department, das über 30.000 Acres und mehr als 5.000 einzelne Grundstücke verwaltet.

Positive
  • Secured contracts worth over $20 million from NYC Parks Department
  • Continues 20-year relationship with major municipal client
  • Expands presence in New York City's extensive parks system covering 30,000 acres
Negative
  • None.

HOLLYWOOD, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- NV5, a provider of technology, certification, and consulting solutions, announced today that it has been awarded over $20 million in engineering design and construction management contracts by the New York City Department of Parks and Recreation to support parks and recreation facility improvements.  These awards continue NV5’s 20-year relationship designing and overseeing the construction of New York City's more than 1,700 parks and recreational spaces.

NV5 engineers, landscape architects, inspectors, and construction managers will support the agency’s initiatives to reconstruct and renovate recreation centers, greenways, sports facilities, parks, playgrounds, and public open spaces throughout New York City.  These improvements will enhance user experience and quality of life, providing residents and visitors with attractive, inclusive, and resilient amenities for a variety of indoor and outdoor recreational programs.

“For over two decades, Parks has put their trust in NV5 to provide professional engineering, landscape architecture, open space planning, and construction management services for a wide variety of public facilities throughout the five boroughs of New York City,” said Ben Heraud, CEO of NV5.  “New York City Parks and Recreation is responsible for over 30,000 acres and more than 5,000 individual properties, and we are proud to support their commitment to providing accessible, high-quality recreational opportunities that improve well-being and quality of life.”

About NV5

NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment. The Company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance throughout the entire asset lifecycle. 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 X, LinkedIn, and Facebook.

Forward-Looking Statements

This 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 Contact

NV5 Global, Inc.

Jack Cochran

Executive Vice President, Strategic Growth & Investor Relations

Tel: +1-954-637-8048

Email: ir@nv5.com


Source: NV5 Global, Inc.


FAQ

What is the value of NV5's new contracts with NYC Parks Department?

NV5 has been awarded contracts worth over $20 million for engineering design and construction management services.

What services will NV5 (NVEE) provide under the NYC Parks contracts?

NV5 will provide engineering design and construction management services for recreation centers, greenways, sports facilities, parks, playgrounds, and public open spaces.

How many properties will NV5's work impact in New York City?

NV5's work will potentially impact over 5,000 individual properties across 30,000 acres of NYC Parks Department facilities.

How long has NV5 been working with NYC Parks Department?

NV5 has maintained a 20-year relationship with the NYC Parks Department, designing and overseeing construction of more than 1,700 parks and recreational spaces.
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