Atlas Technical Consultants Wins $18 Million Architectural and Engineering QA Contract with Caltrans
AUSTIN, Texas, July 05 20, 2022 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading provider of infrastructure and environmental solutions, today announced that it has received a three-year, $18 million contract for on-call architectural and engineering quality assurance and inspection services with the California Department of Transportation (Caltrans) in various counties in southern California California.
“Atlas continues to strengthen its quality assurance and quality management services, and we are extremely excited to have the opportunity to be the premier provider of quality assurance and source inspection activities for Caltrans,” said Atlas CEO L. Joe Boyer. “This contract is another example of the technical capabilities Atlas has built in Southern California and positions us well in a region with strong infrastructure investment needs, given its growing population and global events ahead. come such as the 2026 FIFA World Cup and the 2028 Olympics.”
Under this contract, Atlas will support Caltrans’s division of Engineering, Materials Engineering and Testing Services (METS) on all capital projects in various Southern California counties, including Los Angeles, Ventura, Riverside, San Bernadino, Orange and San Diego. Atlas will be the trusted partner on these transportation projects to provide specialist materials engineering and source inspections to ensure the quality and delivery of these key projects.
About Atlas Technical Consultants
Based in Austin, Texas, Atlas is a leading provider of infrastructure and environmental solutions. We partner with our customers to improve the performance and extend the life cycle of built and natural infrastructure assets stressed by climate, health and economic impacts. With more than 3,500 employees nationwide, Atlas brings deep technical expertise to public and private sector clients, integrating services in four main disciplines: Environment (ENV); Testing, Inspection and Certification (TIC); Engineering and Design (E&D); and program management/construction management and quality management (PCQM). To learn more about Atlas’ innovations for the transportation, commercial, water, government, education, and industrial markets, visit https://www.oneatlas.com.
Statements 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 expectations, hopes, beliefs, intentions or strategies regarding the future or those of our management team. The information in this press release regarding Atlas has been provided by Atlas and its management team, and forward-looking statements include statements regarding the expectations, hopes, beliefs, intentions or strategies of Atlas’ management team regarding the ‘coming. In addition, any statement that refers to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, is a forward-looking statement. The words “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “intend”, “may”, “could”, “plan”, ” possible”, “potential”, “predict”, “project”, “should”, “would” and similar expressions may identify forward-looking statements, but the absence of such words does not mean that a statement is not prospective. The forward-looking statements contained in this press release are based on our current expectations and beliefs regarding 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 that may be appropriate. There can be no assurance that future developments affecting us will be those anticipated by us. 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 differ materially from those expressed or implied by such 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 in this regard; (2) the risk that our actual results may differ from the expectations we have provided; (3) the ability to recognize anticipated benefits from our past acquisitions, which may be affected by, among other things, competition, the Company’s ability to grow and manage growth profitably, to maintain customer relationships and suppliers and to retain management and principals of employees; (4) changes that adversely affect the business in which we engage; (5) changes in applicable laws or regulations; (6) the possibility that the Company will be adversely affected by other economic, business and/or competitive factors; and (7) other risks and uncertainties set forth from time to time in the Company’s filings with the United States Securities and Exchange Commission, including those listed under “Risk Factors”.
Chase Jacobson, Vallum Advisors