AUSTIN, Texas, Aug. 16, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a three-year, $26 million contract with the Georgia Department of Transportation to provide Construction Engineering and Inspection (CE&I) services, including contract administration, inspection, and materials sampling and testing for the construction projects for the Georgia Department of Transportation’s (Georgia DOT)Southeastern District.
“We are proud of our ongoing relationship with Georgia DOT – an agency that prides itself on providing sustainable mobility solutions for the citizens of Georgia— and we are excited to build on our success of providing them with technical services under this new contract,” said Atlas CEO, L. Joe Boyer. “We value the trust that GDOT has placed in us to accomplish their transportation infrastructure goals, on time and on budget.”
Under the three-year contract, Atlas will provide all CE&I services including contract administration, inspection, and materials sampling and testing for the construction projects for the Southeastern District, including, but not limited to, widening and reconstruction of roads and highways, rehabilitation of asphalt and concrete pavement, and bridge replacement and resurfacing. Under the contract, Atlas will provide Georgia DOT a dedicated team of full-time employees ranging from Projects Engineers, Bridge Inspectors, Senior Inspectors, and Inspectors to Advanced Transportation Management Systems (ATMS)/Signal Inspectors, Critical Path Method (CPM) Schedule Reviewers, and Compliance Officers.
Georgia Department of Transportation plans, constructs, and maintains Georgia’s state and federal highways and is committed to delivering a transportation system focused on innovation, safety, sustainability and mobility. The southeastern district is comprised of 26 counties in Southeast Georgia. This diverse area encompasses the entire coastal region, which includes Savannah, Brunswick and the Golden Isles, and is home to the Georgia Ports Authority, Kings Bay Naval Base, the Plant Hatch nuclear facility and the Okefenokee Swamp.
“The Department has an excellent history with Atlas. I am excited and look forward to working on future construction challenges with Atlas to advance the quality of Georgia highway construction,” said Bryan G. Czech, District Construction Engineer with the Georgia DOT.
About Atlas Technical Consultants
Headquartered in Austin, Texas, Atlas is a leading provider of Infrastructure and Environmental Solutions. We partner with our clients to improve performance and extend the lifecycle of built and natural infrastructure assets stressed by climate, health, and economic impacts. With 3,500+ employees nationwide, Atlas brings deep technical expertise to public- and private-sector clients, integrating services across four primary disciplines: Environmental (ENV); Testing, Inspection and Certification (TIC); Engineering & Design (E&D); and Program Management/Construction Management, and Quality Management (PCQM). To learn more about Atlas innovations for transportation, commercial, water, government, education, and industrial markets, visit https://www.oneatlas.com.
The statements contained in this press release that are not purely historical are forward-looking statements. Our forward-looking statements include, but are not limited to, statements regarding our or our management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. The information included in this press release in relation to Atlas has been provided by Atlas and its management team, and forward-looking statements include statements relating to Atlas’ management team’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. The forward-looking statements contained in this press release are based on our current expectations and beliefs concerning future developments and their potential effects on us and are based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to: (1) the effect, impact, potential duration or other implications of the COVID-19 pandemic and any expectations we may have with respect thereto; (2) the risk that our actual results may differ from the guidance we have provided; (3) the ability to recognize the anticipated benefits of our past acquisitions, which may be affected by, among other things, competition, the ability of the Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain management and key employees; (4) changes adversely affecting the business in which we are engaged; (5) changes in applicable laws or regulations; (6) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; and (7) other risks and uncertainties indicated from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, including those under “Risk Factors” therein.
Chase Jacobson, Vallum Advisors