Atlas Awarded $5 Million Contract for OVT&I Services on Texas DOT Design-Build Project for Oak Hill Parkway
Atlas Technical Consultants (Nasdaq: ATCX) has secured a $5 million contract from the Texas Department of Transportation (TxDOT) for the reconstruction and widening of US 290 and State Highway 71 in Austin. As the owner's representative, Atlas will conduct Owner Verification Testing & Inspection (OVT&I) for this five-year project. With over 20 years of partnership with TxDOT, Atlas has participated in 22 out of 25 relevant projects, reinforcing its expertise in the sector. Construction is slated to begin in early Fall 2021.
- Secured a $5 million contract, enhancing revenue potential.
- Long-standing relationship with TxDOT bolsters credibility and future opportunities.
- Experience in 22 of 25 TxDOT projects indicates strong operational capability.
- None.
AUSTIN, Texas, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading provider of professional testing, inspection, environmental, engineering, program management and consulting services, announced today that it was awarded a
Atlas will perform the Owner Verification Testing & Inspection (OVT&I) for the project, which includes the verification of testing and inspection of all construction elements. Atlas has been involved in 22 of the 25 Design-Build/Concession projects issued by the TxDOT, including seven selections to perform Owner Verification.
“Atlas has partnered with TxDOT for more than 20 years and we are especially pleased to be a part of the team that will build this Design-Build project,” said Atlas CEO, L. Joe Boyer.
Christiana Astarita, PE, TxDOT Project Manager on the contract, added, “I look forward to our partnership with Atlas in the critical role of owner verification during the construction of Oak Hill Parkway. As we transform mobility in Oak Hill, TxDOT has considerable goals for quality assurance to ensure the safety of the traveling public when the project is complete.”
Construction on the Oak Hill Design-Build project is anticipated to begin in the early Fall of 2021.
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 3,300+ 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.
About Texas DOT
The Texas Department of Transportation is responsible for maintaining 195,000 lane miles of roads and for supporting aviation, rail, and public transportation across the state. Through collaboration and leadership, we deliver a safe, reliable, and integrated transportation system that enables the movement of people and goods.
Contacts
| Media | Investors |
| Karlene Barron | 512-851-1507 |
| 770-314-5270 | ir@oneatlas.com |
| karlene.barron@oneatlas.com |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f0308d21-bdef-44f8-91e1-4bd1d8745165
FAQ
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