Atlas Technical Consultants Awarded Engineering Services Contract with Texas Department of Transportation

Rhea-AI Summary

Atlas Technical Consultants (Nasdaq: ATCX) announced a $2 million contract for a five-year term with the Texas Department of Transportation (TxDOT) El Paso District. The contract focuses on engineering services related to sampling, testing, and inspection for highway construction projects. Atlas has maintained a partnership with TxDOT for over 20 years, resulting in numerous projects improving Texans' quality of life. This contract marks Atlas' fourth Materials Contract with TxDOT's El Paso District since 2015, showcasing their ongoing commitment to excellence and safety in infrastructure services.

Positive

• Awarded a $2 million contract with TxDOT, enhancing revenue prospects.
• Long-standing partnership with TxDOT strengthens market position.
• Fourth Materials Contract since 2015 indicates consistent business growth.

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• None.

AUSTIN, Texas, April 21, 2021 (GLOBE NEWSWIRE) -- Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental services provider, announced today that it was awarded a $2 million contract to provide engineering services for the Texas Department of Transportation (TxDOT) El Paso District. The newly awarded contract will remain in effect for a term of five years.     

“The Atlas team was one of two contracts awarded, and we are grateful for the longstanding partnership we have built with TxDOT for more than 20 years of working together—one that has resulted in a number of significant projects that have improved the quality of life for Texans,” said Atlas CEO L. Joe Boyer. “We will continue to enhance our suite of services in Testing, Inspection and Certification (TIC) so that we consistently provide excellence, safety and quality to TxDOT and all of our clients.”

The contract includes the performance of all sampling, testing, inspection work, and related services for asphaltic, soil/flexible base, and concrete construction for the State on highway projects. TxDOT’s El Paso District maintains approximately 4,979 lane miles of highways across six counties with an annual construction and maintenance expenditure of approximately $190 Million.

This is Atlas’ fourth Materials Contract with the El Paso District since 2015. The contract will be staffed with personnel from the company’s El Paso office that is comprised of engineers, inspectors, and technicians in their AASHTO resource and TxDOT accredited laboratory.

Like Texas DOT, Atlas is committed to maintaining a strong safety culture and a healthy, hazard-free work environment for all who operate in, visit, or enter their facilities and job sites.

About Atlas Technical Consultants
Headquartered in Austin, Texas, Atlas is a leading provider of Environmental (ENV), Testing, Inspection & Certification (TIC), Engineering & Design (E&D), and Program, Construction, and Quality Management (PCQM) services. Under the name Atlas Technical Consultants, we offer solutions to public and private sector clients in the transportation, commercial, water, government, education, and industrial markets. With approximately 3,300 employees and a nationwide footprint, 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

Investor Relations
512-851-1507
ir@oneatlas.com