Willdan Awarded $5 Million Contract with Trinidad School District in Colorado

Rhea-AI Summary

Willdan Group, Inc. (NASDAQ: WLDN) has secured a $5 million contract from Trinidad School District for energy and infrastructure renovations at Trinidad High School. The project will enhance the school's HVAC, ventilation, and lighting systems, along with replacing the roof and plumbing across three buildings. Willdan had previously developed a master plan for the district and conducted prior upgrades for Trinidad Middle School. This contract reflects Willdan's ongoing commitment to improving educational facilities and energy efficiency.

Positive

• Awarded a $5 million contract for energy and infrastructure renovations.
• Project includes enhancements to HVAC, lighting systems, roof replacement, and plumbing.
• Willdan has a history of successful projects with Trinidad School District.

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• None.

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a $5 million contract by Trinidad School District to provide energy and infrastructure renovations for Trinidad High School. This contract includes energy efficiency upgrades to the school’s HVAC, ventilation, and lighting systems, as well as a roof replacement and plumbing equipment installation across three campus buildings. Willdan previously developed the master plan for the District and completed infrastructure upgrades for Trinidad Middle School.

“Willdan has been instrumental in helping us be more proactive with core infrastructure improvements,” said Bonnie Aaron, Trinidad School District Superintendent. “The Trinidad High School energy and infrastructure renovation project serves as the next step in our long-term strategic plan to ensure the health and well-being of our students and staff.”

About Trinidad School District

Trinidad School District is located in Trinidad, Colorado and is comprised of three schools. Fisher’s Peak Elementary serves grades K-5, Trinidad Middle School serves grades 6-8, and Trinidad High School serves grades 9-12, with a total enrollment of over 1,000 students. Trinidad School District is committed to monitoring student progress, making decisions based on data results, and using scientifically based strategies in the classroom to support the needs of all students. For more information, visit Trinidad School District’s website at https://www.tsd1.org or follow Trinidad For Children on Facebook.

About Willdan

Willdan is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at www.willdan.com.

Forward-Looking Statements

Statements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. It is important to note that Willdan’s actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, the risk factors listed from time to time in Willdan’s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended December 31, 2021. Willdan cautions investors not to place undue reliance on the forward-looking statements contained in this press release. Willdan disclaims any obligation to, and does not undertake to, update or revise any forward-looking statements in this press release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221215005378/en/

Al Kaschalk

VP Investor Relations

310-922-5643

akaschalk@willdan.com

Source: Willdan Group, Inc.

FAQ

What contract did Willdan Group secure recently?

Willdan Group secured a $5 million contract from Trinidad School District for energy and infrastructure renovations at Trinidad High School.

What improvements are included in the Trinidad High School project?

The project includes upgrades to HVAC, lighting systems, roof replacement, and plumbing installation across three campus buildings.

What is the value of the contract awarded to Willdan Group?

The contract awarded to Willdan Group by Trinidad School District is valued at $5 million.

Which school district awarded a contract to Willdan Group?

The Trinidad School District awarded the contract to Willdan Group.

What previous work has Willdan Group done for Trinidad School District?

Willdan Group previously developed the master plan for Trinidad School District and completed infrastructure upgrades for Trinidad Middle School.